American Market Recap: Semiconductors surge as tech leads market rebound

Friday, 02 Jan, 2026 Stock market update Semiconductors surge as tech leads market rebound Sector Overview The stock market witnessed a notable rally today, with the semiconductor sector leading the charge. Key players like Nvidia (NVDA) and Advanced Micro Devices (AMD) surged by 2.0 News Canada December manufacturing index edges higher but remains below 50 for 11th month The Canadian manufacturing sector remains stuck in the mud as the final Canadian S&P Global survey of manufacturers was released. It's another soft reading for the Canadian economy, and the detail Learn more News Precious metals continue to hog the spotlight to start the new year Markets won't be back in full swing until next week but we're getting a bit of a teaser of what the focus will be today already. US futures are running higher but it is once again commodities that are News UK December final manufacturing PMI 50.6 vs 51.2 prelim Prior 50.2 There is a slight negative revision but it still marks an improvement to November, as the UK manufacturing recovery continues at end of 2025. Of note, both output and new orders nudged high News Eurozone December final manufacturing PMI 48.8 vs 49.2 prelim Prior 49.6 Euro area manufacturing activity slumped in December with the headline reading being a 9-month low amid a fresh decline in output. Demand conditions are showing renewed weakness with new or News Germany December final manufacturing PMI 47.0 vs 47.7 prelim Prior 48.2 The headline reading is a 10-month low as a drop in demand conditions sees German manufacturing activity slump in the final month of last year. Of note, manufacturing output slid into contr News France December final manufacturing PMI 50.7 vs 50.6 prelim Prior 47.8 The final estimate is little changed from the preliminary reading as France's manufacturing sector saw a modest jump in activity to round off the 2025 year. A strong rise in new export orde News Italy December manufacturing PMI 47.9 vs 50.0 expected Prior 50.6 A fresh drop in output and new orders mark a setback for Italy's manufacturing sector in December. The good news at least is that cost pressures were seen easing but employment conditions a Learn more News Spain December manufacturing PMI 49.6 vs 51.0 expected Prior 51.5 Spain's manufacturing sector slid back into contraction territory for the first time since April amid falls in both output and new orders. Softer demand conditions are to blame but manufact

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