How major US stock indexes fared Friday, 1/30/2026
Associated Press
Stocks fell on Wall Street, while gold and silver prices plunged as investors tried to gauge what President Donald Trump’s new nominee to lead the Federal Reserve will mean for interest rates.
The S&P 500 dropped 0.4% after sinking as much as 1.1% earlier on Friday. The Dow Jones Industrial Average fell 0.4%, and the Nasdaq composite lost 0.9%.
The value of the U.S. dollar rallied but only after swiveling a couple times. Gold’s price dropped 11%, and silver plummeted more than 30% as tremendous rallies for both metals suddenly halted.
Treasury yields held relatively steady in the bond market.
On Friday:
The S&P 500 fell 29.98 points, or 0.4%, to 6,939.03.
The Dow Jones Industrial Average fell 179.09 points, or 0.4%, to 48,892.47.
The Nasdaq composite fell 223.30 points, or 0.9%, to 23,461.82
The Russell 2000 index of smaller companies fell 41.03 points, or 1.5%, to 2,613.74.
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