Red lock on Wall Street; Silver fell by almost 30%, the price of gold is falling

23:00

Wall Street stocks closed lower on the last day of the overseas trading week. The Dow fell by about 0.4%, the S&P 500 lost 0.4%, and the Nasdaq closed down by about 0.9%.

Despite today’s declines, the main indices closed a month of gains. The S&P 500 and Dow Jones both rose more than 1% in January, the Nasdaq rose 0.7%. The Russell 2000 jumped more than 5% this month.

The price of silver fell by 28% to about $85 per ounce. Gold also fell by about 9% to a price of $4,687 per ounce.

21:25

The Dow is currently down 0.4%, the S&P 500 is down 0.3%, and the Nasdaq is down 0.6%.

The oil giant misfortune rising by about 2.5% after it published reports that exceeded analysts’ expectations – thanks to a record in oil production. The company posted an adjusted profit of $1.52 per share, beating forecasts of $1.45 per share.

visa down about 2% despite strong results for the quarter. Visa reported a profit of $3.17 per share, and revenues of $10.9 billion. These were higher than the forecasts which were $3.14 profit per share and $10.69 billion in revenue.

19:40

The declines deepen in the US stock markets: the Dow falls by about 0.9%, the S&P 500 loses 0.6%, the Nasdaq registers a decline of about 0.7%.

The money is on its way to the sharpest decline in 14 years. The metal is trading at $98.71 an ounce, down nearly 14% — its biggest one-day drop since Sept. 23, 2011. Meanwhile, silver prices last closed at a record high of $115.504 on Monday and are trading up nearly 39% for the month, en route to their best monthly performance since December 1979.

Gold fell 4.9% to $5,090.80 an ounce after closing at a record high of $5,354.80 yesterday. It is still up about 17% for the month, which is expected to be its best month since August 1982.

European stock markets closed higher. Dax rose by more than 0.9%, Kac rose by 0.6%, Putsi recorded gains of about 0.5%.

18:00

The declines on Wall Street continue. The Dow is down about 0.5%, the S&P 500 is off 0.3%, the Nasdaq is down about 0.4%.

dark Down more than 1% after beating estimates last night. The company reported revenues of $143.8 billion, compared to analysts’ forecasts of $138.48 billion. In the line of earnings per share, the company reported $2.84 per share, compared to analysts’ forecasts of $2.67 per share.

In addition, Apple’s board of directors declared a dividend of $0.26 per share, to be paid on February 12.

Apple presented particularly strong results in China, including Taiwan and Hong Kong: sales in the region jumped by 38% in the quarter and reached $25.53 billion. Apple’s revenue from iPhone sales reached an all-time high of $85.3 billion in the quarter, well above analysts’ forecasts of only $78.3 billion.

stock Novo Nordisk Falling about 1 percent, the Wegovy pill was listed 26,109 times in the week ended Jan. 23, according to data from researcher IQVIA released by UBS. Analyst Matthew Weston said the pace of demand in the second full week of data for the drug “exceeds similar launches for the obesity injection.”

Also that prescribes Zepbound’s Eli Lilly increased by 1.6%, including vials at lower prices. The stock is up about 0.8%.

16:30

declines at the opening of trading on Wall Street; The Dow is down about 0.1%, the S&P 500 is off 0.2%, the Nasdaq is down about 0.5%.

stock SanDisk which jumps by 20% will soon celebrate one year since it returned to trading on Wall Street (after it was split from Western Digital). In less than a year, the stock jumped from $35 to $540 and soared in pre-trade to a record high of over $640 – more than 18 times since the start of trading last February.

SanDisk, founded by Eli Harari and managed by David Gockler, is engaged in the field of memory chips. In the reports it published after trading yesterday, it provided a strong forecast due to the high demand for storage solutions.

Following the reports, analyst C.J. Muse from the Cantor Investment Bank raised the target price per share from $550 to $800 (with an outperform recommendation), noting the significant increase in the average selling price and the strength of demand in the data center sector. According to him, SanDisk has a strong outlook on demand, while supply remains low this year.

Jefferies also raises the target price per share from $600 to $700 (with a buy recommendation), and analyst Blaine Curtis estimates that the gap between demand and supply in the NAND (non-volatile memory) field will only widen. “The cycle in the field is nothing short of amazing, and although we believe that in the end there will be a cycle of decline, we do not see an end to the situation when the ratio between demand and supply is expected to get even more out of balance,” Jeffries wrote.

15:00

Wall Street futures are trading lower, although they moderated after US President Donald Trump decided on the appointment of Kevin Warsh as Fed Chair to replace Jerome Powell.

Earlier the futures were at 0.8%, but at this time the Dow and S&P 500 futures are down about 0.4%, the Nasdaq futures are down about 0.5%. The declines come against the background of growing tensions with Iran – the US is considering the options and timing of the attack.

As mentioned earlier, Trump announced the appointment of Warsh as the next chairman of the Federal Reserve, in place of Jerome Powell – a step that ends a prolonged period of uncertainty and upheaval surrounding the American central bank.

The appointment comes after months of unusual tension between Trump and the Fed, a murky relationship that began almost immediately when Powell took office in 2018. Over the years, Trump has attacked the interest rate policy, consistently pressed for sharp interest rate cuts, and even continued the criticism even after three consecutive interest rate cuts at the end of 2025. At the same time, he attacked the leadership of the Fed also regarding the costs of the expensive renovation of the bank’s headquarters in Washington.

In his message, Trump wrote: “I have known Kevin for a long time, and I have no doubt that he will be remembered as one of the great chairs of the Fed – perhaps the best ever.”

Warsh’s election is expected to allay concerns about Fed independence because of his experience as Fed governor and his sometimes strong stance against inflation. While he is expected to push for lower interest rates in the short term as Trump wants, financial markets see him as someone who will not always follow the president’s instructions and maintain monetary policy.

Trump considered Warsh’s candidacy back in his first term in the White House, but ultimately gave the job to Powell. In the meantime, the president has become one of the biggest critics of the American governor, against the background of the claim that he is not lowering the interest rate to a sufficient level. In May, the official date for the end of Powell’s term will come.

“The market shouldn’t be very affected by the news,” said Jay Woods, chief strategist at Freedom Capital Markets.

Gold futures fell more than 4%, and silver futures fell 12%. Gold and silver have soared in the past year by 80% and 209% respectively. Government bond yields have been steady since Warsh’s election, another sign that Wall Street sees eye to eye with Trump’s election.

Yesterday in New York, Microsoft’s disappointing earnings fueled a wave of sales in technology stocks, knocking down the indices at the start of trading, towards the end of trading the indices calmed down a bit and the Nasdaq closed down 0.7%, the S&P 500 fell 0.1%, the Dow Jones unchanged.

The software stocks also weighed on the Nasdaq index. The avalanche highlights how quickly Wall Street’s enthusiasm for the sector has faded in recent months, since the emergence of the concept of “vibe coding” – the use of artificial intelligence tools for the rapid creation of applications and websites.

after locking dark reported on the results of the quarter. The company beat the forecasts and shows record sales of the iPhones. The company’s revenue was $143.8 billion and the profit was $2.84 per share, above expectations when Apple’s revenue from iPhone sales reached an all-time high of $85.3 billion in the quarter, well above analysts’ forecasts. The stock is trading stably. The company announced yesterday the acquisition of Q, an Israeli startup that developed advanced technologies for audio processing using machine learning.

American 10-year bond yields reach 4.26% and 5-year bond yields 3.84%. Apollo Academy (Apollo Investment Fund) this week provides some interesting data on the US debt. Chief economist Torsten Slok points out, among other things, that for every $5 the government collects as a tax, one dollar is transferred to pay the interest on the debt, and that every day of the week the government in the US pays an average of $3.5 billion in interest (net). According to Slok, next year a whopping $10 trillion in debt will be repaid – about a third of the total existing debt.

Other interesting data concerns foreign holdings in American government bonds – these have fallen from 33% a decade ago to about 25% today. Japan is increasing its holdings in these bonds, while China is reducing it.

The shekel traded stably this morning against the dollar, at NIS 3.09.

The weakness in the dollar continued this week both on a global level and specifically in relation to the shekel. After it was reported that US President Donald Trump was not bothered by the fall in the currency, US Treasury Secretary Scott Besant said that the US has always had a strong dollar policy. However, macro strategist Tatiana Dari estimated in Bloomberg that “Bessant’s balanced tone comes after the historic drop of the dollar following Trump’s words, and is seen as an attempt to calm the markets, but it is unlikely that it will significantly affect the dollar’s bearish trajectory.”

Brent oil contracts jumped to $70 a barrel for the first time since September, after US President Donald Trump warned Iran that it must reach a nuclear deal – or face military strikes. WTI oil crossed the $65 per barrel mark.

The price for a barrel of Brent oil has increased by 7% in the last 3 days and since the beginning of the year the price of a barrel has increased by 15%. Oil prices have been on an upward trend since the beginning of 2026, contrary to expectations for a market suffering from a significant oversupply. Instead, geopolitical tensions – from Iran to Venezuela – and major supply disruptions in Kazakhstan have contributed to supporting prices.

The prices of gold and silver are falling today after setting historic highs the day before, against the background of investors realizing profits following an unusually strong rally since the beginning of the year. The spot gold price fell by more than 5% to $5,068.40 per ounce, but still shows an increase of about 20% since the beginning of the year.

Trade in Europe is on the rise. Dax rises by 0.8%, Kac rises by about 0.6%, Putsi registers gains of 0.4%. Asian stock markets were locked in the red.