Stocks Settle Lower on Weakness in Chip Stocks and Miners
Yahoo Finance·2026-01-31 05:32

Fed comments on Friday were mixed for stocks. On the negative side, St. Louis Fed President Alberto Musalem said, "With inflation above target and the risks to the outlook evenly balanced, I believe it would be unadvisable to lower the fed funds rate into accommodative territory at this time." Conversely, Fed Governor Christopher Waller said, "Monetary policy is still restricting economic activity, and economic data make it clear to me further easing is needed."Friday’s news was better-than-expected after t ...

Stocks Settle Lower on Weakness in Chip Stocks and Miners - Reportify