Microsoft stock (MSFT) slips at the open as metals rout and Fed shake-up hit risk appetite
Microsoft shares fell 0.8% to $430.29 in early New York trading Monday, extending last week’s post-earnings slide. Gold dropped as much as 10% before paring losses, while silver tumbled up to 15% amid higher margin requirements. Investors remain unsettled by President Trump’s nomination of Kevin Warsh as Fed chair and a brief government shutdown.