The global market starts the year on a positive note with geopolitical news and support from AI - Gold and Bitcoin respond strongly, while the SET faces resistance from selling pressure.

Jan 15 – Market Overview Today: Cross-Sector Movements in the Market

Starting the new year with excitement as major news from Latin America takes center stage in market headlines, amid rallies in key indices across the US market. Positive sentiment not only boosts the markets but also flows into safe-haven assets abundantly. Meanwhile, the Thai market faces a tug-of-war between buying and selling pressures across various sectors.

Stocks for: Major Indices Shine Amid Favorable Factors

The Dow Jones Industrial Average surged to a new all-time high, closing at 49,462.08 points, up 0.99%, along with the S&P 500 and Nasdaq. This is driven by two main factors: first, signals from the manufacturing sector, with the ISM Manufacturing PMI dropping to 47.9, indicating contraction. However, from investors’ perspective, this is “bad news that’s good” because it suggests the Federal Reserve (Fed) has reason to cut interest rates to support the economy.

Second, signals from the semiconductor world are heating up. Nvidia’s executives announced that demand for AI memory chips still exceeds supply, causing companies like Sandisk and Western Digital to jump over 15-17%. The CES 2026 event in Las Vegas, the largest tech showcase, remains attractive to investors.

Old Commodity Prices and Digital Assets: Gold Soars, Bitcoin Stable, XRP Changing Trends

Geopolitical conflicts have prompted quick flight to safety. Gold surpasses $4,500 per ounce, with Morgan Stanley adjusting its outlook and setting a year-end target of $4,800 per ounce. Silver (Silver) also refuses to give up, testing levels above $80 per ounce(, especially with the Gold-to-Silver ratio still room for adjustment.

In digital assets, Bitcoin remains above $96.67K with stability, while XRP stands at $2.11, testing a significant monthly resistance level. If it breaks through, it could signal a major trend reversal compared to recent years.

Thai Stock Market: Between Big Cap Sell-offs and Energy Sector Support

The SET Index closed in the red at 1,274.75 points, pressured by profit-taking in large stocks like AOT and DELTA, as investors signal a pause in profit-taking. However, key support comes from the energy sector, particularly PTTEP, which benefits from short-term oil prices remaining strong.

For investors looking to enter the market, the current focus is on energy stocks to find the right entry point. In the long term, analysts see opportunities in two main sectors: first, tourism stocks that are still lagging )Laggard, and second, the Data Center sector, which follows global trends, especially with growing demand driven by AI technology policies.

Summary: Today’s market story is divided across multiple directions. Commodities and digital assets benefit from policy uncertainties, while the Thai stock market still diverges somewhat from global trends. The key tip is to diversify asset types according to the current situation.