$115.71 close sets up Monday as Fed pick, inflation data loom
NEW YORK, Jan 31, 2026, 16:02 EST — Market closed
- Shares last ended the session 0.44% higher at $115.71, as the U.S. market was closed for the weekend
- Trump’s pick of Kevin Warsh to head the Federal Reserve puts the spotlight back on interest rate expectations
- Looking ahead: January payrolls drop on Feb. 6; CPI follows on Feb. 11
Citigroup shares ended Friday 0.44% higher, closing at $115.71. (Bloomberg)
President Donald Trump announced Friday he has chosen former Fed governor Kevin Warsh to replace Jerome Powell as Federal Reserve chair when Powell steps down in May. For banks, expectations around interest rates directly impact net interest income — the gap between what they earn on loans versus what…
