Jan 1, 2026 · QQQ/SPY Market Review · 11 headlines
U.S. markets were closed for New Year's Day. Reports described a nationwide shutdown, intensifying protests and a leadership reshuffle in Iran while oil was down 20%. Finnish authorities also seized a Russian cargo vessel suspected of damaging undersea telecommunications cables. In technology, Enflame Technology completed IPO coaching, Apple scaled back Vision Pro production and marketing after weak sales, and OpenAI reportedly shifted manufacturing of its first AI hardware project to Foxconn. New U.S. rules require providers to collect a 1% tax on eligible cross-border remittances.
Published
Reports described a nationwide shutdown, intensifying protests and a leadership reshuffle in Iran while oil was down 20%. Finnish authorities seized a Russian cargo vessel suspected of damaging undersea telecommunications cables in the Gulf of Finland.
Enflame Technology completed IPO coaching for a STAR Market listing and carried a 20.5 billion yuan valuation in the cited ranking. Apple scaled back Vision Pro production and marketing after weak sales, while OpenAI reportedly shifted manufacturing of its first AI hardware project to Foxconn.
U.S. Treasury and Internal Revenue Service rules require remittance providers to collect, report and remit a 1% tax on eligible cross-border transactions.
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