S&P 500 Index
CNBC Daily Open: Gold and silver tank amid Trump picking Kevin Warsh as Fed chair
Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, U.S., on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images Markets got what they wanted. U.S. President Donald Trump tapped Kevin Warsh to lead […]
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CNBC Daily Open: Markets see Warsh as a safe pick for Fed chair — causing gold and silver to plunge
Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. Brendan McDermid | Reuters Markets got what they wanted. U.S. President Donald Trump tapped Kevin Warsh to lead the Federal Reserve, and investors […]
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Political risk: How Trump 2.0 is affecting investment in U.S. assets
Heightened political risk might become the backdrop for U.S. stocks for the foreseeable future. January saw the U.S. attack Venezuela and President Donald Trump attempt to annex Greenland , threatening new tariffs on eight European allies. By the end of the month, the Abraham Lincoln Carrier Strike Group was sailing toward Iran after Trump signaled […]
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Here is what caused the wild swings in our 34-stock portfolio last week
The S & P 500 closed lower on Friday but slightly higher for the week. It briefly topped 7,000 for the first time ever Wednesday. There was no storage of news: Ten portfolio names, including three of our megacaps, reported earnings throughout the week; the Federal Reserve held interest rates steady on Wednesday; software stocks […]
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Trump picks Warsh, Apple earnings, the software bear market and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. President Donald Trump has made his decision on who he’ll nominate to be the Federal Reserve’s next chair, and it turns out that it was one of the “Kevins” after all. Stock futures are lower this morning. The S&P 500 […]
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CNBC Daily Open: We’ll soon find out who the new Fed chair is
A digger sits at the construction site of the Federal Reserve headquarters, after U.S. President Donald Trump renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell over Powell’s management of renovations of the building, in Washington, D.C., U.S., January 12, 2026. Kevin Lamarque | Reuters The current moment feels like the finale […]
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Gold prices fall over 4%; Asia-Pacific shares trade mixed after Trump says he will name new Fed chair
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Gold and silver prices fell on Friday after hitting a record high on Thursday. Spot gold prices declined over 4% to $5,156.64 per ounce. The yellow metal remained around 20% higher year to date. Silver […]
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CNBC Daily Open: iPhone drove Apple’s robust earnings — but investors weren’t too enthused
A general view of the Apple retail store on Nanjing East Road in Shanghai, China, on Jan. 29, 2026. Ying Tang | Nurphoto | Getty Images One of the defining features of Apple’s iPhone 17 Pro is its 8x zoom — it helps focus on things that matter. For consumers, it’s memorable moments; for Apple, […]
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S&P 500 futures slip after index posts second losing day: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Michael Nagle | Bloomberg | Getty Images S&P 500 futures ticked lower Thursday night after the index posted a second consecutive losing day. Futures tied to the broad market index were down 0.1%, and […]
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Microsoft lost $357 billion in market cap as stock plunged most since 2020
Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Fabrice Coffrini | Afp | Getty Images Microsoft shares slid about 10% on Thursday following an earnings report that disappointed some investors, prompting the stock’s sharpest daily decline since March 2020. The move trimmed […]
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