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Oracle.com slash enhance. Markets wobble in their first two trading days of the year.

Is it a blip or a trend?

There's this idea of a January barometer that if you look at the

performance of US stock markets in January that has predictive value in telling

you how they will perform throughout the year.

Plus, Donald Trump asks the Supreme Court to get him back on the ballot in Colorado,

and Google plans to kill cookies in a major shakeup of the $600 billion online ad industry.

It's Thursday, January 4th, I'm Luke Vargis for the Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today.

Stocks are off to a bumpy start in 2024. With just two trading days

notched investors are nonetheless worried that the market's performance in the

first month of the year could set the tone for the rest.

The S&P 500 and the Dow have both slipped and the Tech Heavy NASDAQ has dropped as much

as 2.8 percent, its worst start to a year since 2005.

So is this early-year sell-off just a blip, or the start of a longer-lasting downturn?

Here to settle that question is Wall Street Journal markets editor

Matthew Thomas. Matthew what has been the catalyst of this sort of rocky start to the year,

not just in US markets but in Asia and Europe as well? of the

rocky start to the year, not just in US markets but in Asia and Europe as well.

Well, so the narrow explanation is that this is about US interest rates, which have an

...