S&P 500 closed Friday 1/2 at 6858, up 0.2% # Tesla Q4 vehicle deliveries down 15% from Q4 2024, BYD surpasses as #1 EV

[progree]

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Last edited Fri Jan 2, 2026, 08:54 PM - Edit history (229)

China's BYD passed Tesla as the world's #1 EV automaker

In the future I will only be doing these twice a week: Tuesday and Friday, unless it's really interesting.

10 Year TREASURY YIELD 4.19% on 1/02 - up 0.06 from Tuesday 12/30, It was 4.19% on Friday 12/12 (It local-bottomed out at 3.95% 10/22/25, its lowest point since April.)
https://finance.yahoo.com/quote/%5ETNX/

Bitcoin: $90,084 @ 824p ET. It was $87,453 last Friday 12/26, It has wiped out all its gains for 2025 -- it ended 2024 at $93,429. It's in bear market territory, down more than 20% from it's $126,000+ all-time high in October (actually down 29% from that level) (Cryptocurrencies trade 24/7) https://finance.yahoo.com/quote/BTC-USD/

Next Fed rate decision: January 28
CME FedWatch tool (probabilities of various Fed interest rate moves)
. . . https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

Market news of the day: https://finance.yahoo.com/

How to find the latest Yahoo Finance "stock market today" report if it's not at the finance.yahoo page (note that the headline displayed there does not include the "Stock Market Today" words): click on
https://www.google.com/search?q=%22stock+market+today%22+site%3Afinance.yahoo.com&oq=%22stock+market+today%22+site%3Afinance.yahoo.com

If the link doesn't work for you,
Google: "stock market today" site:finance.yahoo.com

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-edge-higher-to-kick-off-2026-semiconductor-stocks-rally-210033381.html

Stock market today: Dow, S&P 500 edge higher to kick off 2026, semiconductor stocks rally, Yahoo Finance, 1/2/2026

US stocks mostly edged higher on Friday as Wall Street kicked off trading in 2026 after its third consecutive year of double-digit percentage gains.

The Dow Jones Industrial Average (^DJI) gained about 0.6%, while the S&P 500 (^GSPC) increased 0.2%.

The tech-heavy Nasdaq Composite (^IXIC) fell below the flat line, despite gains in semiconductor giants Nvidia (NVDA), AMD (AMD), and Micron (MU).

Shares of Tesla (TSLA) fell after the EV maker's deliveries missed expectations.

Markets are coming off a sputtering end to a roller-coaster 2025 that nevertheless ended with sizable gains for the major indexes. The benchmark S&P 500 rose over 16% for the year, while the Nasdaq Composite led gains with a more-than 20% jump.

Gold (GC=F) and silver (SI=F) advanced to open the 2026 trading year, with the precious metals building on their best annual performances since 1979, and aluminum (ALI=F) crossed $3,000 per ton for the first time since 2022.

Wall Street's bid for a "Santa Claus rally" — during the last five trading days of December and first two of January — has so far sputtered. The S&P 500 is down nearly 1% in the period, with investors looking at a third consecutive down "Santa" period.

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Tesla's fourth quarter deliveries fall short of forecasts
Elon Musk's Tesla (TSLA) published fourth quarter vehicle deliveries showing the carmaker missed forecasts while recording a second straight annual decline in the metric.

In the fourth quarter, Tesla's total vehicle deliveries totaled 418,227, a 15% drop from the 495,570 vehicles it delivered in the same period last year.
LBN THREAD: Tesla loses title as world's biggest electric vehicle maker as sales fall for second year in a row, AP, 1/2/26 https://www.democraticunderground.com/10143591618
China's BYD is now number one.


FROM TUESDAY 12/30/25's POSTING: [The Buffett indicator where the Wilshire 5000 total stock market index is divided by the annual US GDP] The indicator is at valuation levels never seen before, fueled by the artificial intelligence boom. It suggests that stocks are long overdue for a healthy pullback in early 2026. Picking apart the numbers, the Buffett Indicator stands at about 221.4% — up a sharp 22% from April 30, per data from GuruFocus. The indicator has never been at a higher level dating back to the earliest data from GuruFocus in 1970. -- Yahoo Finance, 12/30/25


How major US stock indexes fared Wednesday, AP, 12/31/25
https://finance.yahoo.com/news/major-us-stock-indexes-fared-212203191.html
How the 4 major market averages fared for today, for the week (since last Friday), and for the year (since December 31, 2024). Here's the "For The Year" part, which in this case is the ENTIRE year 2025 from beginning to end

For the year 2025 in its entirety:

The S&P 500 rose 963.87 points, or 16.4%.

The Dow rose 5,519.07 points, or 13%.

The Nasdaq rose 3,931.20 points, or 20.4%.

The Russell 2000 rose 251.75 points, or 11.3%.

Scroll down to see earlier in the day reports

And scroll down to the bottom of this post to look at the amazing Oil price graph

See Reply #1 to this thread for reports prior to December 23

========
Recent and Coming Up, Reports (I'm also keeping the Dec 23 - Dec 31 ones for now
https://www.marketwatch.com/economy-politics/calendar

The government reports are all seasonally adjusted, as are most, if not all, of the non-government reports the media covers, so please don't post comments about how the numbers look good (or not as bad as expected) only because of Christmas season hires or Christmas shopping -- seasonal factors like that have been adjusted for

TUESDAY DECEMBER 23

* GDP Q3 first estimate (delayed report, normally released late September). (govt) -- it came in at a 4.3% annualized rate, well above the 3.3% rate economists were expecting. Various factors cited in media: an acceleration of EV purchases prior to the Sept 30 expiration of tax credits. A lot of spending by big tech companies on AI (investment spending boosts the GDP number). A substantial rise in exports (up 8.8% annualized rate) and a small drop in imports -- both these boost the GDP number, Federal spending also played a sizable role, a reflection of the large uptick in defense spending as well as buyouts for federal workers. Also, it reflects the "K-shaped" economy -- higher-income people flush with growing stock market wealth increased their spending, while lesser-income people struggled with higher prices and a weakening job market.
LBN thread: https://www.democraticunderground.com/10143587157 ## From the source: https://www.bea.gov/news/2025/gross-domestic-product-3rd-quarter-2025-initial-estimate-and-corporate-profits

* Consumer Confidence (Conference Board, non-govt) - result: the 5th straight month of decline. The worst since April, and at about the same level as seen in the 2020 pandemic year. Except there is no microbe-driven pandemic, it's all Trumpdemic now. Consumers’ assessments of their current economic situation tumbled 9.5 points to 116.8.
LBN thread (see graph in reply #2) https://www.democraticunderground.com/10143587258

* Durable goods orders - I haven't looked at yet

* Industrial production and capacity utilization - I haven't looked at yet

WEDNESDAY DECEMBER 24

* Weekly unemployment insurance claims - 224,000 was reported December 18. 214,000 was reported today, December 24, a drop of 10,000 . But continuing claims rose by 38,000 to 1.92 million (govt)

NO REPORTS DECEMBER 25 NOR DECEMBER 26

MONDAY DECEMBER 29

* Pending home sales - I saw a headline: up 3.35% from November and up 2.6% year-over-year (non-govt, National Association of Realtors)

TUESDAY DECEMBER 30

* Case-Shiller home prices index - I saw a headline: home prices up for a 3rd straight month, and up 1.4% since October 2024

WEDNESDAY DECEMBER 31

* Weekly unemployment insurance claims, 199,000. It was 214,000 in last week's report
https://www.dol.gov/sites/dolgov/files/OPA/newsreleases/ui-claims/20251646.pdf

FRIDAY, JANUARY 2

* S&P Manufacturing - I haven't seen the report

MONDAY, JANUARY 5

* ISM Manufacturing

TUESDAY, JANUARY 6

* S&P Services PMI

WEDNESDAY, JANUARY 7

* ADP private payroll employment

* ISM Services

* JOLTS Job OPenings and Labor Turnover Survey

* Factory orders

THURSDAY, JANUARY 8

* Unemployment insurance claims

* Productivity

FRIDAY, JANUARY 9

* Big BLS jobs report - payroll employment, Unemployment rate,

* Housing Starts

* Consumer Sentiment

# In concise form for January 2 - January 9: Fri(2): S&P Manufacturing Mon(5): ISM Manufacturing, Tue(6): S&P Services PMI, Wed(7) ADP private payroll employment, ISM Services, JOLTS Job OPenings and Labor Turnover Survey, Factory orders, # Thu(8) Unemployment insurance claims, Productivity, # Fri(9) Big BLS jobs report - payroll employment, Unemployment rate, , Housing Starts, Consumer Sentiment,

Revised release dates for Bureau of Labor Statistics reports: https://www.bls.gov/bls/2025-lapse-revised-release-dates.htm

BEA.GOV news release schedule (they produce reports on the GDP, Retail Sales, PCE Inflation (the Fed's favorite inflation gauge), and Personal Consumption and Income: https://www.bea.gov/news/schedule

=============================================
The S&P 500 closed Friday January 2 at 6858, up 0.2% for the day,
and up 18.6% from the 5783 election day closing level,
and up 14.4% from the inauguration eve closing level,
and up 16.6% since the December 31, 2024 close

and down 0.5% from its recent October 28 high. It set a new high December 23 and again December 24.

S&P 500
# Election day close (11/5/24) 5783
# Last close before inauguration day: (1/17/25): 5997
# 2024 year-end close (12/31/24): 5882
# Trump II era low point (going all the way back to election day Nov5): 4983 on April 8
# October 28 all-time-high: 6890.90, surpassed by December 24's all-time high of 6932.00

# Several market indexes: https://finance.yahoo.com/
# S&P 500: https://finance.yahoo.com/quote/%5EGSPC/
https://finance.yahoo.com/quote/%5EGSPC/history/

Bitcoin
Bitcoin ended 2024 at $93,429. https://finance.yahoo.com/quote/BTC-USD/
Bitcoin's all-time interday high: 126,198 on Oct. 6
Bitcoin's all-time closing high: 124,753 on Oct 6. (that's what Yahoo Finance shows, but cryptocurrencies trade 24/7)
https://finance.yahoo.com/quote/BTC-USD/history/

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I'm not a fan of the DOW as it is a cherry-picked collection of just 30 stocks that are price-weighted, which is silly. It's as asinine as judging consumer price inflation by picking 30 blue chip consumer items, and weighting them according to their prices. But since there is an automatically updating embedded graphic, here it is. It takes several, like 6 hours, after the close for it to update, like about 10 PM EDT.
(If it still isn't updated, try right-clicking on it and opening in a new tab. #OR# click on https://finance.yahoo.com/quote/%5EDJI/ ).

The Dow closed Wednesday at 48,063, and it closed Friday at 48,382, a rise of 0.7% (319 points) for the day

https://finance.yahoo.com/
DOW: https://finance.yahoo.com/quote/%5EDJI/
. . . . . . https://finance.yahoo.com/quote/%5EDJI/history/

DOW
# Election day close (11/5/24) 42,222
# Last close before inauguration day: (1/17/25): 43,488
# 2024 year-end close (12/31/24): 42,544

DJIA means Dow Jones Industrials Average. It takes about 6 hours after the close to update, so check it after 10 PM EDT. Sometimes it takes a couple days (sigh)



I don't have an embeddable graph for the S&P 500, unfortunately, but to see its graph, click on https://finance.yahoo.com/quote/%5EGSPC/

While I'm at it, I might as well show Oil and the Dollar:

Crude Oil


US Dollar Index (DX-Y.NYB)


If you see a tiny graphics square above and no graph, right click on the square and choose "load image". There should be a total of 3 graphs. And remember that it typically takes about 6 hours after the close before these graphs update.
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