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Federal Reserve 30 January 2026 - 31 January 2026

Dow Jones slips on Warsh Fed pick and inflation data — what to know before Monday’s open

Dow Jones slips on Warsh Fed pick and inflation data — what to know before Monday’s open

The Dow Jones fell 179.09 points Friday, closing at 48,892.47, but gained 1.7% for January, its ninth straight monthly rise. Gold futures plunged 11% and silver 31%, their steepest drops since 1980. The U.S. government entered a shutdown early Saturday as Congress missed a funding deadline. Investors are watching Trump’s plan to nominate Kevin Warsh as Fed chair and the latest inflation data.
Silver price braces for volatile reopen after Friday rout; SLV slumps with Warsh Fed pick in focus

Silver price braces for volatile reopen after Friday rout; SLV slumps with Warsh Fed pick in focus

Silver prices crashed 26% Friday, with spot silver falling to $86.60 an ounce after topping $120 the previous day. The COMEX March contract dropped 25.5% to $85.25, and the SLV ETF lost $30 to close at $75.44. The selloff followed President Trump’s Fed chair announcement and comes ahead of key U.S. jobs and inflation data due next week.
Bank of America stock price: Kevin Warsh Fed pick and Jeffrey Epstein lawsuit set up next week

Bank of America stock price: Kevin Warsh Fed pick and Jeffrey Epstein lawsuit set up next week

Bank of America closed Friday up 0.23% at $53.20 after Donald Trump nominated Kevin Warsh as Federal Reserve chair. A Manhattan judge allowed parts of an Epstein-related lawsuit against the bank to proceed, with trial set for May 11. About 34.5 million BAC shares traded. Wall Street’s main indexes ended lower as investors weighed the Fed nomination and inflation data.
JPMorgan stock price slips into weekend: Fed pick, shutdown and key data on deck

JPMorgan stock price slips into weekend: Fed pick, shutdown and key data on deck

JPMorgan shares closed down 0.17% at $305.89 Friday as traders reacted to Donald Trump’s nomination of Kevin Warsh for Federal Reserve chair and hotter-than-expected producer price data. The U.S. government entered a short shutdown after Congress missed a funding deadline; the House will vote Monday. Major indexes fell, with the S&P 500 down 0.43%. Key jobs and inflation reports are scheduled for early February.
Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies shares fell 13.67% to $17.93 on Friday, with trading volume tripling its 50-day average. PennyMac Financial plunged 33% after reporting quarterly earnings far below estimates. UWM Holdings also dropped nearly 14% as mortgage stocks slid and both major indexes closed lower. Markets face added uncertainty after Donald Trump nominated Kevin Warsh to lead the Federal Reserve.
Cisco stock price slips into weekend as Fed pick jitters hit tech — what CSCO investors watch next

Cisco stock price slips into weekend as Fed pick jitters hit tech — what CSCO investors watch next

Cisco shares closed at $78.32 Friday, down 0.1%, as U.S. markets fell after Donald Trump nominated Kevin Warsh to lead the Federal Reserve and producer prices rose more than expected. Investors shifted away from risk ahead of next week’s U.S. jobs report and Cisco’s earnings release. The stock is up 5% over the past week. Treasury yields and the dollar climbed as bets on near-term rate cuts faded.
Goldman Sachs (GS) stock slips on Warsh Fed pick and shutdown jitters — what to know before Monday

Goldman Sachs (GS) stock slips on Warsh Fed pick and shutdown jitters — what to know before Monday

Goldman Sachs closed down 0.5% at $935.41 after a volatile session Friday, with shares trading between $923.17 and $947.00 on 1.8 million volume. Donald Trump nominated Kevin Warsh as Fed chair, seen as a hawkish pick. A partial U.S. government shutdown loomed as the Senate passed a spending bill but the House remained out until Monday. U.S. stocks broadly slipped amid inflation and shutdown concerns.
XRP price tumbles to $1.73 as Fed-chair uncertainty shakes crypto — what to watch next

XRP price tumbles to $1.73 as Fed-chair uncertainty shakes crypto — what to watch next

XRP fell 4.2% to $1.73 in the past 24 hours, extending its weekly loss to nearly 10% as crypto markets sold off on Fed policy uncertainty and tech sector weakness. Bitcoin dropped 2.5% to $82,300, while ether lost 2.9%. The Ninth Circuit upheld dismissal of a proposed investor class action against Ripple Labs. Microsoft shares slid 10% after reporting heavy AI-related spending.
Dow Jones today: 179-point drop on Fed-chair shakeup, hot PPI — what investors watch next

Dow Jones today: 179-point drop on Fed-chair shakeup, hot PPI — what investors watch next

The Dow fell 179.09 points to 48,892.47 after Donald Trump named Kevin Warsh as his pick for Federal Reserve chair and December producer prices rose 0.5%. The S&P 500 lost 0.43% and the Nasdaq dropped 0.94%. Microsoft shares slid 10% on disappointing cloud revenue, while Apple beat forecasts. The Warsh nomination moves to the Senate as the Fed holds rates steady.
Micron stock price drops nearly 5% after hours as Fed jitters hit MU shares

Micron stock price drops nearly 5% after hours as Fed jitters hit MU shares

Micron Technology shares fell 4.8% to $414.83 in after-hours trading Friday, following Trump’s nomination of Kevin Warsh for Fed chair and a high inflation reading. Apple warned rising memory-chip prices are pressuring profits, with Samsung forecasting a continued shortage. Micron began building a $24 billion wafer plant in Singapore, with output expected in 2028. About 49.3 million shares traded.
Citigroup stock edges up as Trump taps Warsh for Fed, inflation data tests rate bets

Citigroup stock edges up as Trump taps Warsh for Fed, inflation data tests rate bets

Citigroup shares rose 0.4% to $115.65 Friday, outperforming a broader U.S. stock decline as investors eyed a midnight federal funding deadline and awaited next week’s jobs report. The move followed Donald Trump’s nomination of Kevin Warsh for Fed chair and a surprise jump in producer prices. Most major bank stocks were little changed. The Fed left rates steady this week at 3.50%-3.75%.
XRP price drops today as Fed-chair shake-up rattles crypto — what traders watch next week

XRP price drops today as Fed-chair shake-up rattles crypto — what traders watch next week

XRP fell about 3.5% to $1.75 Friday amid a broader risk-off move after President Trump named Kevin Warsh to lead the Federal Reserve. U.S. senators advanced a crypto oversight bill, but passage in the full Senate remains uncertain. About $61.7 million in XRP futures were liquidated in 24 hours. Bitcoin dropped to a two-month low near $82,300.
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Stock Market Today

  • Sturm, Ruger & Company Downgraded to Hold Amid Profitability Challenges
    May 24, 2026, 2:06 AM EDT. Sturm, Ruger & Company (RGR) reported a 4.2% year-on-year revenue growth driven by strong product innovation. However, the firearms maker's profitability has declined, prompting analysts to downgrade RGR stock to Hold. The downgrade reflects concerns over industry headwinds impacting margins despite top-line gains.

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Exxon Mobil Corporation Wants a Texas Legal Home as Shareholder Battles Mount

Exxon Stock Moves in Holiday Week Trading

24 May 2026
Exxon Mobil shares closed at $154.92 Friday, down 0.24% on the day and 1.9% for the week, ahead of the Memorial Day market closure. The stock retreated from a midweek high as investors weighed possible Venezuela oil deals and volatile crude prices. Exxon’s annual meeting is set for Wednesday, with a shareholder vote on moving its legal home to Texas. Brent crude settled at $103.54 a barrel, posting a weekly loss.
Why SoFi Technologies Stock Is Slipping After Its PrimaryBid Deal

SoFi Moves Back Into Focus After Unnoticed Deal

24 May 2026
SoFi closed Friday at $15.62, down 3 cents for the day and nearly flat for the week. Trade publications reported SoFi acquired Peach Finance, a California lending software startup; terms were not disclosed. U.S. stock trading will resume Tuesday after Memorial Day.
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