Morgans AM - Monday, 19 January 2026

US equity markets settled with modest losses on Friday (16 January) ahead of a holiday long weekend, with the benchmark indices hitting their session lows after President Trump delivered remarks in the White House in which the president said he’d rather have National Economic Council Director Kevin Hassett stay in his current role and that he might not be chosen to become the next Federal Reserve chair. Treasury yields climbed to a four-month high - Dow slipped -83-points or -0.17% Salesforce Inc (down -2.75%) and UnitedHealth Group Inc (-2.34%) fell over >2%.