CNBC Business News Update - Market Open: Stocks Lower, Russell 2000 Up For 15 Straight Days, Airlines Waive Cancel & Change Fees Ahead Of Winter Storm 1/23/26

Episode Date: January 23, 2026

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Jessica Eddinger, CNVC. Wall Street's in the red this morning out of the gate as investors take a little breather from two days of gains. The Dow down 284 points, a half a percent. Goldman Sachs shares leading it lower. They're down almost 3 percent this morning. The S&P 500 index down 13 points. The NASDAQ is down 45 points. All eyes on the S&P 500 index, which is down for the week, but still slightly up.

for the year so far. Still struggling with these levels that have been in place since late October. This is the S&P 500 index fund before we got the kind of Greenland scare. We had tried a few times to get about 7,000 that's 700 on the ETF. And you see we're sort of still right in that zone. That's CNBC's Mike Santoli. Meantime, investors are talking about smaller companies stocks doing really well. Here's a take from CNBC's Carl Kintanilla and Mad Money host Jim Kramer. Russell 2000, the transports among the groups entering today's session at record highs Jim. The RUT 15 straight days of outperformance. We haven't done that since the late 90s.

These are the economy doing better. The small to medium-sized business is on fire. The RUT Russell 2000 index of small companies is up nearly 10% year-to-date. Airlines canceling as many as 1,000 flights from today through the weekend because of a lot. large winter storm forecast to sweep across a dozen or more states this weekend. Delta United American JetBlue and Southwest all waiving cancellation and change fees with tickets to and from about 40 airports. Natural gas prices were pulling back a little bit today after soaring this week heading into severe weather. Americans are bracing for higher heating bills. When you have a trigger

like a big storm that is going to lift demand and potentially we expect it's going to disrupt supply as well because it freezes the the wells it freezes we think more than 10% of u.s natural gas production okay i was going to ask you about 10% you think of natural gas could be too frozen to use i mean the equipment it's well and the gas itself goldman sacks samantha dart on cnbc with cnbc's brian sullivan intel shares tanking more than 10% this morning on mixed quarterly results in a soft outlook intel says it doesn't have the chip supply it needs for demand in this current quarter. A TikTok deal with China could close today.

Semaphore is reporting that the structure leaves parent company bite dance with less than 20% American ownership. Bite dance in the U.S. would be controlled by a group that includes Oracle, investment firm Silver Lake, and investment firm MGX, which is based in the United Arab Emirates. hotel room searches of sword for this summer's solar eclipse cities in greenland, Iceland, and northern Spain. Hotels.com says its search data also show travelers are searching for rooms along Route 66 in the U.S. as the iconic highway turns 100 years old this year and there are lots of festivals planned. The X games begin today in Aspen and new in theaters. Amazon MGM's thriller, Mercy.

Jessica Eddinger C. I always wanted to teach money management, and that's why we created this club. This is really a great way to learn. Go to CNBC.com slash join gym.