U.S. Stock Market Close | Trump's Remarks on Fed Candidates Impact Markets, Three Major Indices Slightly Lower; Chip Stocks Continue Rally, Micron Technology Surges Over 7% Breaking $40 Billion Market Cap; Cryptocurrency Mining and Space Concepts Soar Acr

The Philadelphia Semiconductor Index rose by 1.1%. For the week, the Magnificent Seven underperformed compared to the S&P 493, with the financial sector delivering lackluster performance. The yield on the 10-year U.S. Treasury note increased by 5 basis points, while the U.S. dollar briefly fell below 99 before rebounding by 0.23% from its daily low, ultimately closing flat compared to Thursday's close. Spot gold declined by 0.7%, but still recorded a weekly gain of 2%. Silver fell by 2.4%, hovering around the $90 mark amid volatile trading. Copper prices continued their correction, with London copper dropping more than 2%, reversing earlier gains during the week.

wallstreetcn07:29

Gresham Partners' Ted Neild: How We Beat the -2-

Barron's01:12

Content Delivery Network Market Worth $42.89 Billion by 2030 | MarketsandMarkets

PR NewswireJan 16 23:01

Raymond Tan, Chairman of Singapore's Taixin Global Financial Group: Maintains a long-term holding position in Chinese tech companies such as Tencent and Alibaba.

Raymond Tan maintains a long-term holding attitude towards mature Chinese technology companies such as Tencent and Alibaba. He stated that these companies have clear business models, solid cash flow foundations, and well-defined market positions, demonstrating strong risk resistance in complex environments. They are suitable as the 'core allocation' of Chinese technology assets.

Zhitong FinanceJan 16 22:29

H-share Market Barometer | The Hang Seng Index continues to trade with low volume as both sides turn cautious again; institutions remain optimistic about the technology sector.

①The Hang Seng Index has seen consecutive declines in trading volume, with both bulls and bears exercising renewed caution. What unusual movements are occurring among short-term bears? ②Institutions continue to favor the technology sector. Which segments still exhibit independent market performance?

cls.cnJan 16 21:37

Zhitong HKEX Active Trading | January 16

Active Trading of Stock Connect | January 16, 2026

Zhitong FinanceJan 16 19:00