News

Gold and silver sink as Trump picks Kevin Warsh as next Fed chair

On Friday President Trump nominated former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as chair of the central bank. Warsh is seen as a hawkish choice and prompted market participants to review their monetary policy outlook.

Global equities end little changed as Trump walks back on Europe tariffs

US stocks switched between losses and gains across the week, ultimately ending little changed.

Mixed week as markets weigh earnings and geopolitical tensions

It was a mixed week for US stocks, with large-cap indices ending in the red whereas small caps outperformed.

US small caps see strong weekly gains

In the first full trading week of 2026 equities got off to a positive start, even with geopolitical tensions simmering.

AI concerns offset Fed rate cut

Wall Street had a mixed week as investors weighed up the Federal Reserve meeting against mounting artificial intelligence (AI) valuation concerns.

Wall Street continues to gain on growing rate cut optimism

US stocks edged up for the week, although volumes were relatively light. Stocks found support from growing expectations that the Federal Reserve will cut interest rates at its December meeting, with CME’s FedWatch tool pricing in an 87% chance on Friday.