US Stock Outlook: Fed Chair Candidates Interviewed, Trump Has Pick; Gold and Silver Stocks Rise

US Stock Market Pre-Market Update

As of Friday morning, US stock futures are showing slight declines across the board. The Dow futures are down 0.26%, Nasdaq futures are down 0.26%, and S&P 500 futures are down 0.18%.

Major Tech Stocks Performance

Most major tech stocks are down in pre-market trading. Notable movements include:

• AMD: Up over 3%
• NVIDIA (NVDA): Up over 1%
• Intel (INTC): Down over 13%
• Broadcom (AVGO) and ASML: Down nearly 2%
• Alibaba (BABA): Down over 1%

Chinese Stocks and Rare Earth Sector

Chinese stocks are mostly up in pre-market trading:

• GDS: Up over 7%
• ASX: Up nearly 3%
• Baidu (BIDU) and TSMC: Up over 1%
• Alibaba (BABA), Xpeng (XPEV), and JD.com (JD): Down over 1%

In the rare earth sector, stocks are also rising:

• USA Rare Earth (USAR): Up nearly 6%
• Critical Metals (CRML): Up over 3%
• TMC the metals (TMC): Up nearly 3%

Semiconductor Sector Update

The semiconductor sector shows mixed results:

• Arm Holdings (ARM) and AMD: Up nearly 3%
• NVIDIA (NVDA) and TSMC: Up over 1%
• Intel (INTC): Down over 13%
• Broadcom (AVGO): Down nearly 2%

Gold and Silver Stocks

Gold and silver stocks are generally up:

• Blue Gold (BGL): Up nearly 32%
• Dolly Varden Silver (DVS) and Hycroft Mining (HYMC): Up over 4%
• First Majestic Silver (AG) and Harmony Gold (HMY): Up over 2%

Intel's Earnings Report

Intel reported a revenue decline of 4.1% year-over-year for Q4 2025, with a net loss of $600 million. The company expects Q1 revenue between $11.7 billion and $12.7 billion, which is below analyst expectations.

Ericsson's Strong Q4 Performance

Ericsson reported better-than-expected Q4 earnings, with net sales of 69.29 billion Swedish Krona, surpassing estimates.

Tesla's FSD System Update

Elon Musk mentioned that Tesla's Full Self-Driving (FSD) system may receive approval in China soon, although Tesla's local representatives denied having any updates on this.

Market Movements and Economic Outlook

Recent reports indicate significant capital outflows from US stocks, totaling nearly $17 billion, while European and Japanese markets saw strong inflows.

Upcoming Economic Indicators

Key economic indicators to watch include:

• January PMI data
• Michigan Consumer Sentiment Index
• Weekly oil rig count

Investors are encouraged to stay informed about market trends and potential investment opportunities.