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NYSE:NEM News 26 January 2026 - 29 January 2026

Gold breaks $5,300 as dollar hits 4-year low; mining stocks jump ahead of Fed call

Gold breaks $5,300 as dollar hits 4-year low; mining stocks jump ahead of Fed call

Gold surged past $5,300 an ounce for the first time Wednesday as the dollar hit near four-year lows and traders awaited the Fed’s next move. Spot gold rose 2.3% to $5,305.65 by 0832 GMT, with U.S. futures up 4.3%. Miners Newmont and Barrick rallied, while some investors warned of “overbought” signals in commodities. Banks raised gold forecasts, citing tariffs, geopolitics, and demand for non-dollar assets.
28 January 2026
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Freeport-McMoRan stock hits a 52-week high, then cools — FCX traders track gold’s $5,100 run and Fed week

Freeport-McMoRan stock hits a 52-week high, then cools — FCX traders track gold’s $5,100 run and Fed week

Freeport-McMoRan hit a 52-week high Monday before closing up 1.26% at $61.17. Gold surged past $5,100 an ounce, drawing investors to miners, while copper hovered near $6 a pound ahead of the Federal Reserve’s Jan. 28 decision. Freeport’s gains followed strong earnings despite ongoing disruptions at its Grasberg mine in Indonesia.
27 January 2026
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Newmont stock price: why NEM rose as gold tops $5,100 and Scotiabank lifts target to $152

Newmont stock price: why NEM rose as gold tops $5,100 and Scotiabank lifts target to $152

Newmont shares rose 1.3% to $125.92 in after-hours trading Monday as gold prices hit a record $5,100 an ounce. Trading volume reached about 13.1 million shares. Scotiabank raised its price target for Newmont to $152, citing economic uncertainty and higher gold forecasts. The company’s Boddington mine in Australia resumed operations at reduced capacity after bushfires, with a Q1 production shortfall expected.
26 January 2026
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Gold price today: Bullion rips past $5,100 record as tariff jitters hit the dollar, miners jump

Gold price today: Bullion rips past $5,100 record as tariff jitters hit the dollar, miners jump

Spot gold jumped above $5,100 an ounce Monday, setting a new record as investors moved into safe havens ahead of the Federal Reserve’s policy decision. Shares of Newmont and Barrick Mining rose over 2% on expectations of higher margins. The dollar weakened, making gold more attractive to foreign buyers. Traders watched for signals from Fed Chair Jerome Powell’s upcoming press conference.
26 January 2026
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Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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