Newmont stock price slides as gold plunges after Trump taps Kevin Warsh for Fed
Newmont shares fell nearly 12% to $111.64 Friday after gold plunged 8.9% to $4,915 an ounce, its steepest drop since 1983, following Donald Trump’s pick of Kevin Warsh for Federal Reserve chair. Silver sank almost 22%. Mining stocks tumbled across the board. Investors await Newmont’s Feb. 19 earnings.