CNBC Business News Update Market Open: Stocks Higher, Minnesota CEOs Send Letter To White House, Gold Tops $5100 An Ounce 1/26/26
Jan 26, 2026
Markets open higher with major indexes climbing and early strength from big tech names. A major AI infrastructure investment sparks a jump in a cloud GPU provider. Minnesota corporate leaders urge de-escalation after recent shootings. Precious metals surge as gold hits record highs amid market and policy chatter.
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Market Rally Led By Tech And AI Bets
- Wall Street opened higher with the Dow up about 221 points and gains led by Cisco and tech names.
- CoreWeave jumped over 10% after NVIDIA's $2 billion investment to expand AI data center capacity.
Weather Cripples Air Travel Recovery
- Severe winter weather caused massive aviation disruption with the largest cancellation day since March 2020.
- Transportation Secretary Sean Duffy said recovery is underway but staffing and travel-to-work issues will delay full normalization until midweek.
Minnesota CEOs Call For De‑Escalation
- Major Minnesota CEOs urged de-escalation and cooperation after a citizen was shot, signaling corporate pushback against federal actions.
- CNBC anchors noted the rarity and significance given executives' usual reluctance to publicly criticize the administration.