Top Stock Movers – January 07, 2026
U.S. stocks were mixed Wednesday after data showed private employers added fewer jobs than expected in December, reinforcing a market divided between clear winners and pronounced losers.The S&P 500 inched up 0.1%, staying near record territory. The Nasdaq Composite rose 0.6%, supported by gains in large-cap technology, while the Dow Jones Industrial Average fell 0.5% after setting a record close a day earlier.
Tech and Health Care Winners
Health care stocks led the advance, with Amgen (AMGN) jumping 3.2%, the strongest performer in the Dow. Technology names also attracted buyers.
Deal-related names were volatile. Mobileye (MBLY) surged as much as 18% early in the session after announcing a $900 million acquisition of AI robotics firm Mentee Robotics, before reversing course and trading down 0.1% later in the day.
Crypto-linked stocks also advanced. Strategy (MSTR) rose 3.4% after MSCI said it would not immediately exclude digital-asset treasury firms from its indexes.
Banks and Industrials Lag
Financials weighed on the Dow as Treasury yields fell. JPMorgan Chase (JPM) dropped 2.3%, while UnitedHealth (UNH) slid 2.1% and Caterpillar (CAT) declined 2.4%.
Storage makers were among the biggest decliners, with Western Digital (WDC) tumbling 5.2% and Seagate Technology (STX) sliding 4.8%.
Economic Backdrop
The ADP report showed private payrolls increased by 41,000 in December, missing expectations for 47,000. Meanwhile, the 10-year Treasury yield fell 4 basis points to 4.13%, pressuring bank shares but helping support growth stocks.
Market takeaway
Softer labor data failed to derail equities, but trading remained highly selective, rewarding strength in technology and health care while punishing banks, industrials, and hardware stocks.







