Tesla Loses its Crown, Tariff Tailwinds & Dow Dogs 1/2/25

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  Here's today's show.

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  Thanks, Courtney.

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  The first trading day of the year, Tesla loses its crown, and new tariff tailwinds.

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  Welcome to The Exchange.

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  I'm John Ford in for Kelly Evans.

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  Stocks are mixed, trying to break a four-day losing streak to start 2026.

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  Small caps are higher.

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  Chips and equipment leading to gains.

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  ASML, Micron, Intel, and Lamb Research all up 5% or more.

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