U.S. Stocks Open Higher on Tariff Easing, Strong Economic Data - DJIA +0.92%, NVDA +0.7%

U.S. equities rose sharply at open on January 22, 2026, as easing tariff threats from President Trump toward Europe and Greenland reduced geopolitical tensions, while resilient economic data reinforced expectations of stable growth. The rally was supported by continued strength in AI and semiconductor stocks, with the Nasdaq and S&P 500 gaining over 0.9% and 0.7%, respectively. The Dow Jones Industrial Average climbed 450.81 points to 49,528.04, the Nasdaq Composite rose 211.12 points to 23,435.94, and the S&P 500 gained 49.57 points to 6,925.19. The Philadelphia Semiconductor Index advanced 1.1% to 8,130.21, and TSMC ADRs jumped 2.07% to $332.93. Nvidia (NVDA-US) shares rose 0.7% after CEO Jensen Huang confirmed it has become TSMC’s largest customer, underscoring AI-driven demand. Alibaba (BABA-US) surged 4.79% amid reports of a potential IPO for its T-Head chip unit. Meanwhile, U.S. 10-year Treasury yields rose 2 basis points to 4.26%, and the dollar index edged down to 99.185. Key data showed Q3 real GDP revised up to 4.4% annualized, and initial jobless claims held steady at 200,000.