Closing Bell Closing Bell Overtime: More Affordability Pressures & OpenAI Adds Ads 1/16/26
Jan 16, 2026
Join journalist Pippa Stevens and market commentator Rick Santelli as they dive into the latest trends in metal markets and the bond landscape. Stevens discusses the recent pullback in silver and copper, unpacking supply dynamics. Santelli analyzes Treasury yield movements while exploring potential Fed changes. The pair also tackles affordability pressures from rising electricity costs and discusses OpenAI's intriguing entry into ads, shedding light on how these shifts may reshape market strategies. A must-listen for financial enthusiasts!
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Semiconductor Outperformance Drives Rotation
- Semiconductor stocks are outperforming software as chip demand and Taiwan Semi results drive rotation.
- Investors expect rising inventory and momentum into names like NVIDIA, AMD and Broadcom.
Presidential Comment Shifts Fed Chair Odds
- Market odds shifted toward Kevin Warsh after President Trump's comment favoring Kevin Hassett changed expectations.
- Traders priced a potentially more hawkish Fed chair into higher Treasury yields and lower cut probabilities.
Bond Moves Signal Less Easing
- Two-year Treasury yields rose and 10-year yields broke above prior ranges, steepening the curve this week.
- The move reflects fading expectations of aggressive easing in 2026 and bolstered the dollar.