Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.APitch/iStock via Getty ImagesSeeking Alpha News QuizUp for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition.Wall Street on Friday closed out the first trading day of 2026 with weekly losses. The holiday-shortened week saw daily declines for the S&P 500 for four days straight, aside from Friday.The AI trade began to unwind at the start of the week, with technology giants giving up losses, while commodities such as gold (XAUUSD:CUR) and silver (XAGUSD:CUR) struggled in a wobbly trade.On the economy, unemployment remained unchanged in December, according to the Chicago Fed’s real-time unemployment rate forecast, while the Federal Housing Finance Agency House Price Index edged up in October.This week’s FOMC minutes showed risks to the labor market have increased, while the upside risks to inflation have diminished somewhat. Lastly, initial jobless claims unexpectedly dropped way below consensus.For the week, the S&P 500 (SP500) was -1.1% lower, while the tech-heavy Nasdaq (COMP:IND) lost -1.6%, and the blue-chip Dow ended -0.7%. Read a preview of next week's major events in Seeking Alpha's Catalyst Watch.Seeking Alpha's Calls Of The WeekInvestors Yet To Fully Price In CoreCivic's (CXW) Potential.PayPal (PYPL) Is Now A Buy, But With A Huge Caveat.MP Materials' (MP) Selloff, Q4 Tailwinds Trigger Upgrade.Amentum (AMTM): Robust Backlog And Strong Momentum.Vizsla (VZLA) Sails Full Speed To First Silver Casting In Mexico.Shorting Silver (SLV) - A Quick Trade To Start The New Year.Buffett's Berkshire (BRK.B) Made You Rich, But Hold For Now.BIT: NAV Destruction Amidst A Potentially Tough Environment.Resources Connection (RGP): A Business Under AI Pressure.Big Short Of 2026? Not Time For Tesla (TSLA) Bears To Give Up.Weekly MovementU.S. IndicesDow -0.7% to 48,382. S&P 500 -1.1% to 6,858. Nasdaq -1.6% to 23,236. Russell 2000 -1.1% to 2,506. CBOE Volatility Index +6.7% to 14.51.S&P 500 SectorsConsumer Staples -0.8%. Utilities +0.9%. Financials -1.3%. Telecom -0.6%. Healthcare -0.4%. Industrials +0.5%. Information Technology -1.5%. Materials -0.3%. Energy +3.3%. Consumer Discretionary -3.2%. Real Estate -0.4%.World IndicesLondon +0.8% to 9,951. France +1.1% to 8,195. Germany +0.8% to 24,539. Japan -0.8% to 50,339. China +0.1% to 3,969. Hong Kong +2% to 26,338. India +0.9% to 85,762.Commodities and BondsCrude Oil WTI +1% to $57.32/bbl. Gold -4.6% to $4,345.5/oz. Natural Gas -17.1% to 3.618. Ten-Year Bond Yield -0.2 bps to 4.189.Forex and CryptosEUR/USD -0.44%. USD/JPY +0.17%. GBP/USD -0.3%. Bitcoin +2.5%. Litecoin +2.7%. Ethereum +5.7%. XRP +9.3%.Top S&P 500 GainersSandisk (SNDK) +10%. Micron Technology (MU) +10%. Molina Healthcare (MOH) +9%. Intel (INTC) +9%. The AES (AES) +6%.Top S&P 500 LosersAppLovin (APP) -15%. Palantir Technologies (PLTR) -14%. Tesla (TSLA) -10%. Carvana (CVNA) -9%. Global Payments (GPN) -7%.Where will the markets be headed next week? Current trends and ideas? Add your thoughts to the comments section.