Rover's Weekly Market Brief - 01/23/2026

How to Research a Stock in Stock Rover – Part I

This is the first of a three part blog series designed to show you how to effectively use Stock Rover to research a stock. Part 1 does a deep dive into the Insight Panel, using Microsoft (MSFT) as our example company. You can read our latest blog post here.

Economy

The U.S. Census Bureau reported a slight increase in total construction spending for October 2025. Construction outlays were estimated at a seasonally adjusted annual rate of $2,175.2 billion, representing a 0.5% increase from the revised September 2025 figure but a 1.0% decline compared with October 2024. Private construction spending rose 0.6% to $1,651.3 billion, supported by a 1.3% increase in residential construction, which reached $913.9 billion, while nonresidential construction edged down 0.2% to $737.4 billion. Public construction spending increased slightly by 0.1%, totaling $524.0 billion, with educational construction rising 0.7% to $114.8 billion and highway construction posting a marginal 0.1% increase to $141.6 billion. Residential construction increased during the month, while nonresidential spending edged lower, leaving overall construction activity mixed.

The Bureau of Economic Analysis reported that personal income increased 0.3% in November, or 0.1% when inflation adjusted, up from 0.1% and an inflation adjusted -0.1% in October. Personal consumption expenditures (PCE), a measure of consumer spending, increased 0.5% and an inflation adjusted 0.3% in November, matching the previous months’ readings. November’s PCE was driven by increases in both goods and services, with gasoline and other energy goods and motor vehicles and parts leading goods , while health care, financial services and insurance, and other services led services. The PCE price index, closely followed by the Federal Reserve, increased 0.2% in November, matching October , while the annual gain edged up to 2.8% from 2.7%. The core PCE price index, which excludes food and energy, also rose 0.2% in November and increased 2.8% from a year ago.

The Commerce Department’s final estimate for third-quarter gross domestic product (GDP) showed the economy expanded at an annualized rate of 4.4%, slightly above the 4.3% initial estimate and faster than the 3.8% growth recorded in Q2. The increase in real GDP reflected positive contributions from consumer spending (+2.34 percentage points), exports (+0.44 pp), government spending (+0.15 pp), and investment (+0.03 pp), while declining imports added to growth (+0.28 pp). Consumer spending was revised slightly lower, with gains in both goods and services, while investment was revised higher, driven by stronger private inventory investment that more than offset a downward revision to residential investment. The price index for gross domestic purchases rose 3.4% in the third quarter, unchanged from the initial estimate, while the PCE price index increased 2.8% and the PCE price index excluding food and energy rose 2.9%, both also unchanged from the initial report.

Upcoming Economic Reports:

Monday January 26 – Durable Goods Orders (MoM) (November)

Wednesday January 28 – FOMC Interest Rate Decision

Earnings Calendar:

 

Monday	Tuesday	Wednesday	Thursday	Friday
AGNC Investment (AGNC)	RTX (RTX)	Microsoft (MSFT)	Apple (AAPL)	Verizon Communications (VZ)
Steel Dynamics (STLD)	UnitedHealth Group (UNH)	Tesla (TSLA)	Roche Holding (RHHBY)	Exxon Mobil (XOM)