The S&P 500 index futures powered to new all-time highs on Friday, capping the first full trading week of 2026 and reviving the pattern of closing weeks at the extreme end of the range.

Overnight trading hovered near unchanged as participants awaited the jobs report, with the low set at 6954.25. At 8:30 AM ET, December jobs data showed unemployment at 4.4% (better than 4.5% expected) but nonfarm payrolls only rose 50K (below 73K expected). The mixed release sparked a quick pop that was promptly sold into at the open.

The regular session retested the premarket high early before resistance held and sellers took over. After probing the premarket low, bulls surged right back to fresh highs. The rally faced multiple seller counters through the morning but calmed in the afternoon, allowing more steady gains. Bulls inched to a new all-time high of 7017.50 in the front-month contract just before the close, though profit-takers trimmed the top.

The regular session concluded at a new all-time closing high of 7005, up 43 handles. For the week, that makes for a gain of 104.50 handles or 1.51%.

Next week features key inflation data with CPI Tuesday and PPI Wednesday, scattered fedspeak, and big-bank reports kicking off earnings season.

Among top index components, Broadcom Inc (NASDAQ: AVGO) flipped its role from Thursday and emerged as the biggest gainer. The chip designer climbed $12.58 or 3.79% to close at $344.97 following reports of Cathie Wood’s ARK Invest initiating a position.

That performance was a fabulous five times better than the cash index’s 0.66% advance.

The biggest loser was Berkshire Hathaway Inc (NYSE: BRK.B). For the day, the holding company dipped $0.67 or 0.13% to close at $499.10.