# Despite the fall on Friday, benchmark indices on Wall Street managed to eke out gains for January.

*business · news · 2026-01-31 · CNBC TV18*

## Key points

- The Russell 2000 small-cap index outperformed peers with a 5% gain in January.
- ExxonMobil and Chevron had their best months since October 2022, surging 18% and 16%.
- Kevin Warsh’s Fed Chair nomination caused the US Dollar’s best single-day rally in nine months.
- Spot Silver prices experienced a record overnight plunge of 37%, triggering widespread margin calls.

**Companies:** Apple, ExxonMobil, Chevron Corp
**Countries:** United States

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/nasdaq-snp-500-dow-jones-us-market-on-friday-dollar-rally-gold-silver-sell-off-19837641.htm)

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