Live Nasdaq Composite: Market Grip Slips in Volatile Week
Quick Read
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Trump recently purchased corporate bonds from Netflix, CoreWeave, GM, Boeing, Occidental Petroleum and United Rentals.
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UBS analysts forecast gold crossing $5,000 per ounce. Current trading is around $4,650.
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RBC Capital initiated Nvidia coverage with an outperform rating and $240 price target.
Live Updates
Fed Chair Uncertainty
With the Fed’s Jerome Powell’s chairmanship term in the final stretch, rumors of his successor have the ability to move the markets. U.S. National Economic Council Director Kevin Hassett has been bandied about as a frontrunner.
However, most recently, President Trump has suggested he might prefer to keep Hassett in the NEC role, owing to his strong communication skills, creating more uncertainty around the eventual transition. The markets are essentially flat today.
NVDA Bump
Jefferies analysts have lifted their price target on Nvidia (Nasdaq: NVDA) stock by $25 to $275 per share with a “buy” rating, suggesting upside potential of 47%. NVDA stock is up 0.48% today.
The Nasdaq Composite is managing to eke out a fractional gain on the day.
AI Database Frenzy
AI database analytics startup ClickHouse has secured $400 million in fresh funding, pushing its valuation to a whopping $15 billion, more than double where it stood less than a year ago, according to a report in Bloomberg. Publicly traded Nebius Group (Nasdaq: NBIS | NBIS Price Prediction) holds an estimated 25%-30% position in ClickHouse, giving investors exposure to the fast-growing database platform but its stock is down today.
This article will be updated throughout the day, so check back often for more daily updates.
The markets are undecided this morning in what has shaped up to be a wild week of trading. With geopolitical tensions escalating and President Trump’s tariffs in the Supreme Court crosshairs, stocks are attempting to end this volatile week on a high note. All three of the major stock market averages came out of the gate higher, including a fractional gain in the Nasdaq Composite, which despite twists and turns is on pace for a relatively flat weekly performance.
On the commodities front, US WTI oil continues to hover below $60 per barrel while Brent is trading at almost $64 per barrel. The gold price is trading in the $4,650/ounce range while bullish UBS analysts forecast the price crossing $5,000.
Small cap stocks are in the spotlight so far in 2026, with the Russell 2000 index advancing 7.6% in January alone, its strongest start to a new year in decades.
Here’s a look at where things stand as of morning trading:
Dow Jones Industrial Average: 49,456.33 Up 13.89 (+0.03%)
Nasdaq Composite: 23,632.08 Up 104.05 (+0.44%)
S&P 500: 6,958.64 Up 14.07 (+0.20%)
Market Movers
Netflix (Nasdaq: NFLX) is waiting in the wings to report its Q4 earnings results early next week.
President Trump has been on a bond buying spree of late, reportedly scooping up the corporate debt of companies such as Netflix, CoreWeave (Nasdaq: CRWV), General Motors (NYSE: GM), Boeing (NYSE: BA), Occidental Petroleum (NYSE: OXY) and United Rentals (NYSE: URI).
RBC Capital analysts have been busy issuing reports, most recently joining the sea of Nvidia (Nasdaq: NVDA) coverage with an “outperform” rating and $240 price target attached. The analysts also began coverage of Advanced Micro Devices (Nasdaq: AMD) stock including a more neutral rating and $230 price assumption.
Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.
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