US close: Stocks lower as Trump announces Fed pick, PPI comes in hotter than expected

30th Jan 2026 22:31

(Sharecast News) - Major indices were in the red at the close of trading on Friday after Donald Trump announced his nominee for head of the Federal Reserve and December's PPI report showed wholesale inflation rising sharply at end of 2025.

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London close: FTSE gains after Trump nominates Warsh as next Fed chair

30th Jan 2026 17:07

(Sharecast News) - London stocks ended higher on Friday after US President Donald Trump nominated former Fed governor Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, but miners were under pressure as gold and silver prices slid.

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FTSE 250 movers: Miners under the cosh as precious metals prices fall

30th Jan 2026 16:20

(Sharecast News) - FTSE 250 (MCX) 23,294.77 0.11%

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Europe close: Stocks rise as Trump confirms his Fed chair pick

30th Jan 2026 16:18

(Sharecast News) - European shares extended gains on Friday as market volatility eased and investors focussed on US president Donald Trump's decision to nominate Kevin Warsh as the next chair of the Federal Reserve.

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