Stock market today: Dow, S&P 500, Nasdaq wobble as Trump wavers on Kevin Hassett as next Fed chair
Yahoo Finance·2026-01-16 16:02

US stocks gave up their early morning gains on Friday as uncertainty over the next Fed chair weighed on markets, while strong bank earnings and ongoing geopolitical tensions capped a volatile week. The tech-heavy Nasdaq Composite (^IXIC) pared earlier gains to fall below the flatline, while the S&P 500 (^GSPC) dropped 0.1%. The Dow Jones Industrial Average (^DJI) nudged down 0.2% after stocks reversed a two-day losing streak on Thursday. Stocks gave up earlier gains after President Trump expressed fresh ...