I'm Jackie DeAngelis and this is the Fox Business Rundown.

Monday, January 9th, 2026.

Wall Street made history last week with the Dow closing above 50,000 for the first time.

How long is this momentum going to last and how high can we go?

Going on to the radar screen is those baby boomers.

Those baby boomers own over like $85 trillion and half the net worth of all the U.S.

is owned by baby boomers and they are going to spend those assets down.

No one loves to spend money more than baby boomers.

And I think that's going to be a big driver for the economy as they retire.

Congratulations America.

That is how President Trump responded in a true social post after the Dow Jones Industrial

average closed above 50,000 for the first time.

The president also predicted it would hit 100,000 by the end of his term.

Markets got a boost Friday from better than expected consumer confidence and inflation numbers

as we're kicking off a new week.

What are investors watching as they anticipate January's jobs report and the Consumer Price Index?

Let's bring in Ryan Payne.

He's the president of Payne Capital Management.

Ryan, it's always great to have you.

And I want to get your take as we're kicking off

a fresh week. We had a Dow that closed over 50,000. But this is interesting because we're seeing a

rotation in stocks. And that's why it's the Dow and not the NASDAQ with a milestone marker here.

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