STORY: U.S. stocks closed mostly higher on Monday, thanks to a rally in chip stocks. But the Dow ended marginally lower. The S&P 500 gained more than half a percent and the Nasdaq rose about one-and-a-quarter percent.

Here's what to expect from the stock market, along with some of Wall Street's hottest trends and most influential businesses, in the new year.

The Roundhill Magnificent Seven ETF, which holds Nvidia, Apple Inc., Microsoft Corp, Google parent Alphabet Inc., Amazon.com Inc., Tesla Inc. and Facebook parent Meta Platforms Inc, was up 2.3%, according to FactSet data, at last check. That exceeded the S&P 500’s 1.3% rise.