US Stock Market Index Futures Down Amid Trump's Fed Nomination, Mining Stocks Slump
ByAinvest
Friday, Jan 30, 2026 10:15 am ET1min read
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US stock market index futures Dow, S&P 500, and Nasdaq moved lower after reports confirmed President Trump's plan to nominate Kevin Warsh as Federal Reserve Chair. Investors reassessed interest rate policy, liquidity conditions, and risk exposure. Mining stocks, led by Hecla Mining, Newmont, and Freeport McMoRan, fell sharply due to gold and silver price declines. Sandisk emerged as a key gainer after strong earnings linked to artificial intelligence demand.
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