{"id":241507,"date":"2026-01-16T16:03:08","date_gmt":"2026-01-16T16:03:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/241507\/"},"modified":"2026-01-16T16:03:08","modified_gmt":"2026-01-16T16:03:08","slug":"stock-market-today-live-updates-77","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/241507\/","title":{"rendered":"Stock market today: Live updates"},"content":{"rendered":"

Traders work on the floor of the New York Stock Exchange.<\/p>\n

NYSE<\/p>\n

The S&P 500<\/a> fell on Friday after President Donald Trump suggested that National Economic Council Director Kevin Hassett might not be chosen<\/a> as the next Federal Reserve chair.<\/p>\n

The broad market index declined 0.2%, while the Dow Jones Industrial Average<\/a> fell 140 points, or 0.3%. The Nasdaq Composite<\/a> dipped 0.3%.<\/p>\n

Stocks moved a bit lower after Trump delivered remarks in the White House Friday, in which he said he’d rather have Hassett stay in his role as top economic advisor.<\/p>\n

“I see Kevin’s in the audience, and I just want to thank you. You \u2060were fantastic on television today,” Trump said. “I actually want to keep you where you are, if you want to know the truth.”<\/p>\n

Hassett had been seen as a frontrunner<\/a> to replace Fed Chair Jerome Powell, whose term expires in May, but prediction markets showed former Fed Governor Kevin Warsh moved ahead in the race following the president’s remarks.<\/p>\n

The major averages are coming off a winning session thanks to gains in chip stocks. Taiwan Semiconductor led the advance after a blowout fourth-quarter report. Further, the U.S. and Taiwan reached a trade agreement<\/a> in which Taiwanese chip and tech companies will invest at least $250 billion in production capacity in America.<\/p>\n

Investors are preparing to close out a hectic week. They’ve been grappling with a slate of headlines out of Washington, running the gamut from heightened geopolitical risk in Iran and Greenland to worries over threats to the Federal Reserve’s independence.<\/p>\n

For the week, the S&P 500 was headed for a 0.5% fall, while the 30-stock Dow was tracking for a 0.3% drop. The Nasdaq was down 0.8% on the week.<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor of the New York Stock Exchange. NYSE The S&P 500 fell on Friday…\n","protected":false},"author":2,"featured_media":241508,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[10387,941,114,357,54,1761,1012,1675,4635,14359,85,2766,46,4487,4273,190,4106,1763,1008,1677,20740,1762,3310,1760,15624,13291,12520,1032],"class_list":["post-241507","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-advanced-micro-devices-inc","tag-breaking-news-markets","tag-business","tag-business-news","tag-donald-trump","tag-dow-jones-fut-sep25","tag-dow-jones-industrial-average","tag-economic-events","tag-goldman-sachs-group-inc","tag-honeywell-international-inc","tag-il","tag-international-business-machines-corp","tag-israel","tag-jerome-powell","tag-kevin-hassett","tag-markets","tag-morgan-stanley","tag-nasdaq-100-fut-sep25","tag-nasdaq-composite","tag-nvidia-corp","tag-russell-2000-index","tag-sp-500-fut-sep25","tag-sp-500-index","tag-stock-markets","tag-taiwan","tag-taiwan-semiconductor-manufacturing-co-ltd","tag-tesla-inc","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/241507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=241507"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/241507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/241508"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=241507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=241507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=241507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}