Stock Market Today: Dow Up Despite Schumer Shutdown Call; Michael Burry Boosts GameStop (Live Coverage)

The Dow Jones Industrial Average and other key stock indexes closed higher Monday, despite President Donald Trump’s new tariff threat against Canada and Senate Minority Leader Chuck Schumer raising the possibility of a government shutdown. An Nvidia (NVDA) investment boosted CoreWeave (CRWV) on the stock market today, while Tesla (TSLA) fell and gold stocks jumped.

The Dow rose 314 points, or 0.6%. Apple (AAPL), which posts earnings this week, spiked 3% after JPMorgan reiterated its overweight rating and hiked its price target to 315 from 305. Cisco Systems (CSCO) fared best though, rising 3.2%. By contrast, 3M (MMM) and Boeing (BA) lost the most on the blue-chip index, with the former dropping 1.9% and the aerospace giant pulling back 1.5%.

				    ↑
					X
					
						
					      

							

								Tesla, GE Vernova And Boeing Headline Week Packed With Mega Cap Earnings
							

							

								See All Videos
							

						

					
					
						NOW PLAYING
						Tesla, GE Vernova And Boeing Headline Week Packed With Mega Cap Earnings

The Nasdaq composite pared its gain to 0.4%. Atlassian (TEAM) and Datadog (DDOG) stood out by rising 5.1% and 5%, respectively. Meanwhile, Intel (INTC) tumbled 5.7%, a second straight loss after the chipmaker issued a downbeat forecast. The stock has now undercut its 21-day exponential moving average. Tesla (TSLA) also lagged, dropping 3.1%.

Stock Market Today: Comm Services, Tech March Up

The S&P 500 also squeezed out a gain, rising 0.5%. Arista Networks (ANET) and Baker Hughes (BKR) flexed their muscles with lifts of 5.4% and 4.4%, respectively. Trade Desk (TTD) was among noteworthy decliners as it dropped 7.5%.

The benchmark index’s sectors closed mostly positive, with communication services and technology topping advancers. Consumer discretionary, consumer staples and real estate landed in the red.

Small caps declined, though the Russell 2000 ended off session lows as it gave up 0.3%. Growth stocks had been outperforming, but gains faded badly heading into the close. The Innovator IBD 50 (FFTY) exchange-traded fund closed essentially flat.

The 10-year Treasury yield fell two basis points to 4.22%. Oil prices dropped 0.4% to $60.80 per barrel. Meanwhile, bitcoin gained 1.3% to trade at around $87,503 per token.

3:45 p.m. ET

Michael Burry Boosts GameStop

Meme stock GameStop (GME) surged nearly 5% on the stock market today after it found an unlikely backer – famed value investor Michael Burry.

Burry, who found fame after shorting the U.S. housing market ahead of the financial crisis, revealed online he has been building a stake in the video game retail firm. He said in a Substack post Monday that he has “been buying recently” and that he believes it may “soon be 1x tangible book value/1x net asset value.”

His revelation propelled the stock higher, and it closed up 4.4%. Burry said his purchase is a long-term value buy rather than a swing trade or short-term holding.

The disclosure comes after the Burry, portrayed by Christian Bale in 2015 film “The Big Short,” closed his hedge fund Scion Asset Management. It was deregistered on Nov. 10.

While GameStop stock is not actionable from a conventional base, its surge in high volume briefly boosted it above its 200-day moving average. Shares were already above the 50-day line.

However, GameStop has an IBD Composite Rating of just 42 out of 99. While its Earnings Per Share Rating sits at 80 out of 99, it has a Relative Strength Rating of just 22. This ranks a stock’s price performance over the past 12 months.

While full-year earnings are seen rising 200% in 2026 analysts see profits falling 18% in 2027, MarketSurge data shows. Institutions have been snapping up shares of late, with its Accumulation/Distribution Rating sitting at B+. But just 24% of shares are held by funds.

2:56 p.m. ET

Stock Market Today: USA Rare Earth Soars

USA Rare Earth (USAR) remained higher despite coming off its session peak. It got a boost after announcing a letter of intent from the U.S. government to sink a $1.6 billion investment into the mining firm.

The deal, which was struck with the Commerce Department and the Energy Department, is nonbinding and comes under the auspices of the $1.6 billion Chips Act. It will provide around $300 million in federal funding as well as a $1.3 billion loan. Further, the government will take an 8% to 16% ownership stake in the firm as part of the deal.

Such moves have resulted in big price spikes in the past, with Critical Metals (CRML) soaring last October after Reuters reported the government had engaged in talks to take an equity stake in the firm.

USA Rare Earth was up nearly 16% on the stock market today and now sits more than 80% above its 50-day line. There are also red flags, though. Its IBD Composite Rating is 60 out of 99 and its Earnings Per Share Rating is just 9.

While its pattern has the look of a cup base, a decline of 74% from the cup’s peak to its trough is well in excess of the acceptable range of 30% to 33%.

Other rare earth stocks were under pressure, however. MP Materials (MP) fell nearly 8%, Ramaco Resources (METC) plunged around 20%, and Critical Metals skidded almost 10%.

1:38 p.m. ET

Gold Stocks Shine As Precious Metal Pops

Gold stocks were given a boost from the precious metal’s price hitting fresh heights Monday.

Futures were up more than 2% to around $5,096 an ounce, marking the first time the $5,000 barrier has been breached. Gold prices have climbed as investors seek out the safe haven asset amid rising geopolitical tensions

The SPDR Gold Shares (GLD) exchange traded fund rose more than 2%. It has pulled further clear of its 21-day exponential moving average as well as its 50-day line.

The ETF so far in 2026 has climbed 18%. It is closing in on its 20% profit target from a 403.30 cup-base entry.

Leaderboard stock Kinross Gold (KGC) popped around 5% on Monday. It is far extended past its actionable zone from a 23.86 buy point. It boasts a best-possible IBD Composite Rating of 99.

Among other noteworthy gold stocks, Agnico Eagle Mines (AEM) rose more than 3%, as did Triple Flag Precious Metals (TFPM). These are members of the IBD Sector Leaders list.

Gold was one of the best-performing asset classes of 2025, rising more than 60%. It’s adding solidly to that gain this year.

12:30 p.m. ET

Stock Market Today: CoreWeave Jumps On Nvidia Move

Artificial intelligence play CoreWeave surged on the stock market today amid news of an expanded investment by Nvidia into the company.

The AI chip leader has pumped an additional $2 billion into CoreWeave to help it build more data centers. The investment aims to help accelerate the buildout of more than 5 gigawatts of AI factories by 2030.

Key to the deal is CoreWeave constructing and operating the factories using Nvidia’s computing platform technology.

Nvidia Chief Executive Jensen Huang touted the move as part of the “largest infrastructure buildout in human history.”

“Together, we’re racing to meet extraordinary demand for Nvidia AI factories – the foundation of the AI industrial revolution,” he said in a news release.

Nvidia has purchased an additional $2 billion of CoreWeave stock for 87.20 a share. It already owned a 6.6% stake in the company.

CoreWeave stock was off its highs but remained up more than 8%. It hit resistance at the 200-day moving average, but now sits around 25% above its 50-day line, MarketSurge analysis shows. Nvidia stock slipped less than 1%.

11:26 a.m. ET

AI Stock Clears Entry

With IBD recommending exposure at the 60%-80% level, it remains important to stay on top of any breakouts.

Among stocks to watch, Legence (FTK) has jumped into a buy zone after clearing a cup-base entry of 50.20, according to MarketSurge analysis. It is actionable as high as 52.71.

The building services provider specializes in energy efficiency and engineering works. The company focuses on high-performance build environments, notably data centers. Data centers accounted for around 40% of its project backlog, making the stock an AI infrastructure play.

Legence is trading in an early-stage base, which is a positive. In addition, the move came in massive volume, running around 60% above average.

The stock has risen more than 15% above its 50-day moving average, which merits some caution. However, its relative strength line is hitting new heights, a bullish signal.

Its all-around performance is solid, but not ideal, which is reflected in its IBD Composite Rating of 70 out of 99.

The shares went public on Sept. 12 for 28 per share.

10:20 a.m. ET

Schumer Raises Possibility Of Government Shutdown

Senate Minority Leader Chuck Schumer raised the prospect of another partial federal government shutdown in the wake of another deadly shooting in Minneapolis, with the latest taking place over the weekend.

Schumer (D-N.Y.) said five funding bills in the current funding government package could proceed even as a measure funding the Department of Homeland Security is rewritten. Democrats are calling for changes, including more oversight and limits to immigration enforcement activities.

Immigration enforcement needs to be overhauled to “protect the public,” Schumer said, according to the Wall Street Journal.

While Republicans have a 53-47 majority, they need 60 votes to advance most legislation. However, the GOP is looking to both stick to the current funding package and to avoid another government shutdown.

Funding for many government agencies deemed nonessential expires at 12:01 a.m. on Jan. 31. The Consolidated Appropriations Act passed in the House on Jan. 22.

Stock Market Today: Insurance, Metals Plays Shine

The relative performance of exchange-traded funds in the S&P Select Industry indexes offered an early insight into the action on the stock market today.

The SPDR S&P Insurance ETF (KIE) was shining, turning in a gain of more than 1%. The SPDR S&P Metals & Mining ETF (XME) and the SPDR S&P Oil & Gas Equipment & Services ETF (XES) were also having strong early innings.

On the flip side, the SPDR S&P Aerospace & Defense ETF (XAR), the SPDR S&P Homebuilders ETF (XHB), and the SPDR S&P Pharmaceuticals ETF (XPH) lagged in the early innings.

Stock Market Predictions For 2026? Worthless. This Approach? Priceless.

09:53 a.m. ET

Nasdaq-100 Winners, Losers: AppLovin, Intel, Micron

Among the Nasdaq-100 index stocks, AppLovin (APP) and Atlassian (TEAM) jumped 4.5% and 3%, respectively, making them some of the top performers just after the market open.

Meanwhile, Intel (INTC) and Micron Technology (MU) tumbled more than 3% each in morning trading.

8:49 a.m. ET

Dow Jones Movers: Apple, Nvidia

Inside the blue chip index, Apple (AAPL) and Cisco Systems (CSCO) climbed more than 1% and in excess of 2%, respectively, in premarket action. Cisco shares are approaching an 80.81 buy point.

On the downside, Nvidia (NVDA) and Goldman Sachs (GS) each slipped by a fraction in early morning trading.

8:04 a.m. ET

Stock Market Today: Trump Tariff Threats

Over the weekend, President Trump threatened new tariffs on Canadian goods if Prime Minister Mark Carney reaches a trade deal with China.

“If Canada makes a deal with China, it will immediately be hit with a 100% Tariff against all Canadian goods and products coming into the USA,” Trump wrote in his Truth Social post.

**Postgame Analysis Of 2025 Stock Picks Increases Chances For Profitable 2026

**

Tesla Earnings Loom

Tesla stock declined 0.7% premarket Monday, threatening to add to Friday’s slight fall. Last week, the electric-vehicle giant made a bullish move back above its 50-day moving average. Shares are nearing an early buy trigger at 454.30 as they build a new base.

Tesla earnings, due Wednesday after the close, are expected to drop 38% vs. a year earlier to 45 cents a share, a fifth straight quarter of declining profits. Wall Street expects revenue to fall 4% to $24.77 billion.

IBD Newsletters

Get exclusive IBD analysis and actionable news daily.

		SIGN UP NOW!

IBD Newsletters

Get exclusive IBD analysis and actionable news daily.

										*   							
								How To Invest								
								
							
						
										*   							
								Market Prep								
								
							
						
										*   							
								Tech Report								

Please enter a valid email address

Please select a newsletter

			GO

Get these newsletters delivered to your inbox & more info about our products & services. Privacy Policy & Terms of Use

		x

Thank You!

You will now receive IBD Newsletters

			ALL DONE!

Something Went Wrong!

Please contact customer service

			CLOSE

Stock Market Today: Big Earnings Reports, Fed On Deck

Big earnings reports this week include Boeing (BA), Apple (AAPL), Microsoft (MSFT) and GE Vernova (GEV), along with Sandisk (SNDK) and Western Digital (WDC).

Wall Street anticipates virtually zero chance of a rate cut at Wednesday’s Federal Reserve meeting and long odds of a cut in either March or April. That lowers the stakes for this week’s Fed meeting. The real suspense is whether Fed Chairman Jerome Powell will announce plans to remain a Fed governor after his chairmanship ends in May.

Funds Plow Money Into AppLovin, Broadcom, Google – And This Top 100 Stock

Please follow Michael Larkin on X at @IBD_MLarkin for more analysis of growth stocks.

_Be sure to follow Scott Lehtonen on X _at @IBD_SLehtonen for more on growth stocks, the Dow Jone__s Industrial Average and the stock market today.

YOU MAY ALSO LIKE:

These Are The 5 Best Stocks To Buy Now Or Watch

Check Out IBD’s New Exposure Levels To Help You Stay In Step With The Market Trend

Top Growth Stocks To Buy And Watch In Today’s Stock Market And Dow Jones

Learn How To Time The Market With IBD’s ETF Market Strategy

Find The Best Long-Term Investments With IBD Long-Term Leaders

Spot Buy Points And Sell Signals With MarketSurge Pattern Recognition