SPDR Dow Jones Industrial Average ETF (DIA)

Federal Reserve last week kept the benchmark rates unchanged during its first FOMC meeting of 2026.

The reschedule comes as a partial government shutdown impacted various agencies including BLS that is responsible for giving out key macroeconomic data, like jobs report, CPI numbers among others.

In a post on Truth Social, the U.S. President stated that the call was “long and thorough,” and added that his relationship with President Xi is extremely good.

Investors dumped technology stocks as they move to safer assets like Gold and Silver that rose today.

According to NBC, the House approved a funding package in a 217-214 vote on Tuesday, effectively ending the brief government shutdown.

Retail sentiment on major ETFs such as SPY and QQQ remains mixed on Stocktwits.

Trump said India commits to buying more American products in addition to over $500 billion to buy U.S. energy, technology, agriculture and other products.

Among the catalysts for the day are S&P flash U.S. manufacturing PMI, ISM manufacturing, and auto sales.

According to a report from Reuters, Bowman voted to hold monetary policy steady so as to gather additional data before voting next.

Schiff in a post on X said, if for some reason, Trump didn't realize his pick is a hawk, there is still time for him to change his mind

Fed Governor Stephen Miran praised the nominee Kevin Warsh and said he is in favor of rate cuts, whereas Federal Reserve Bank of St. Louis President Alberto Musalem said officials should hold off from lowering interest rates further.

Trump told reporters as per Reuters report that he was not worried about the Senate confirmation process for Warsh.

White House National Economic Advisor Kevin Hassett, once touted to be the top choice to be the next Federal Reserve Chair, said in a CNBC interview on Friday that he is not disappointed that he did not get the nomination.

A vote on a minibus was expected to take place on Thursday, following a deal struck by Senate leaders to fund a large part of the government.

Trump announced his nomination in a post on Truth Social, listing the various positions held by Warsh so far.

He added that the U.S. should have a substantially lower rate while adding that Powell thinks that inflation is no longer a problem or threat.

Spot gold prices gained more than 3%, climbing to a new high of $5,595 per troy ounce, while silver prices touched a new high of $120.44.

Multiple brokerages cut Microsoft’s price target, citing soft Azure growth.