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Market Highlights: Chips, Energy, and Housing Lead; TSM, MU, and NVO in Focus
ByAinvest
Friday, Jan 16, 2026 8:51 pm ET1min read
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Semiconductor stocks, led by Taiwan Semiconductor and Nvidia, rallied on Thursday, while major indexes finished little changed for the week. The Fed-DOJ tension escalated after subpoenas tied to the Fed's HQ renovation, and the White House floated "Trump cards" for underserved consumers after pushback on a one-year 10% interest cap. Novo Nordisk's Wegovy pill saw thousands of first-week oral prescriptions, lifting shares. The White House plans to outline a plan to allow using 401(k) funds toward home down payments.
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