economy

January 17, 2026

Week in review: Stocks battled a flood of news and we booked some profits

Stocks finished last week slightly lower as the market battled a series of political headlines and policy news.

Week in review: Stocks battled a flood of news and we booked some profits

TL;DR

  • Market declined due to political headlines and policy news.
  • Federal Reserve Chairman Jerome Powell is reportedly under criminal investigation by the Trump administration.
  • President Trump threatened a 25% tariff on countries doing business with Iran.
  • Bank stocks weakened despite solid earnings reports due to concerns over potential credit card interest rate caps.
  • The consumer price index increased by 0.3% in December, with the annual rate at 2.7%.
  • Volatility in the tech sector was influenced by a pullback in Nvidia after new requirements for AI chip sales to China were announced.
  • Other megacap tech stocks also faced pressure, including Amazon, Microsoft, Meta Platforms, and Broadcom.
  • The S&P 500 fell 0.1% and the Nasdaq retreated 0.4% for the week.
  • The CNBC Investing Club trimmed positions in Texas Roadhouse, Goldman Sachs, Wells Fargo, Honeywell, and Dover to manage risk and book profits.

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