CNBC Business News Update Market Midday: Stocks Mixed, S&P 500 Index Hits All Time High, Gold And Silver Pull Back 1/27/26
Jan 27, 2026
Quick market headlines covering index divergence and standout stock movers. Reports on major corporate layoffs and UPS workforce cuts tied to operational shifts. Coverage of healthcare insurer share drops after Medicare Advantage payment news. Discussion of restaurant inflation pressures and a landmark trial on social media design and teen harms.
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Divergent Market Leadership
- The market was mixed midday with the S&P 500 hitting an all-time high while the Dow plunged on big stock-specific moves.
- Tech strength, led by NVIDIA, and several fresh corporate highs contrasted large declines in select large-cap names.
Big Tech Lifts Indices Despite Weak Spots
- NVIDIA and Nasdaq strength helped lift broader indices even as certain heavyweight stocks dragged the Dow lower.
- Several companies, including General Motors and Amgen, reached fresh all-time highs amid the mixed session.
Gold And Silver Pull Back
- Precious metals pulled back midday with both gold and silver weakening.
- This movement accompanied other risk-on signals as equities climbed to highs.