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good morning. Yesterday, a gym in New York City closed unexpectedly early due to the winter storm, but I was able to hit a taxi out of a snowbank and attend a makeshift workout.
Stock futures were little changed this morning. The market is coming off a week of decline.
Here are five important things investors need to know to start their trading day.
1. Minneapolis
On Friday, January 23, 2026, in subzero temperatures, demonstrators marched through downtown Minneapolis, Minnesota, waving placards condemning Operation Metro Surge, the ongoing immigration enforcement operation in the Twin Cities metropolitan area.
Alex Corman | Minnesota Star Tribune | Getty Images
Tensions in Minnesota reached a fever pitch over the weekend after a federal immigration agent shot and killed 37-year-old nurse and American citizen Alex Preti in Minneapolis. This is the second fatal shooting by federal agents in the city since the White House sent thousands of ICE agents to the state despite opposition from local lawmakers.
Here’s what you need to know:
Homeland Security Secretary Kristi Noem said Border Patrol agents fired “defensive” shots after Mr. Preti “violently resisted” attempts to disarm him. But videos reviewed by CNBC show a very different sequence of events. In the verified video, Preeti, a legal licensed gun owner, was never seen brandishing a weapon. One of the videos appears to show agents removing the weapon from Preti before the gun is fired. After the shooting, Minnesota Governor Tim Walz called on President Donald Trump to “end this operation” and “remove thousands of violent and untrained police officers” from the state. Walz, a Democrat, said he has been in contact with the White House. On Sunday, leaders of Minnesota-based companies, target CEO Michael Fidelke, 3M CEO and Chairman William Brown united health In a letter, CEO Stephen Hemsley called for an “immediate de-escalation of tensions”. The executives called on public officials to work together to find a solution, although they did not mention Trump by name. This is part of a broader trend among business leaders to avoid commenting directly on White House policy. Outrage over the Minneapolis shooting has raised the possibility of a partial federal government shutdown. Congressional Democrats have vowed to block any funding package that includes DHS spending. Preti’s death follows the killing of Renee Nicole Good by Immigration and Customs Enforcement agents in Minneapolis earlier this month.
2. Apple dance
7 Great Tech Stocks to List on Nasdaq on July 31, 2025.
Adam Jeffrey | CNBC
3. Winter Wonderland
Two cars drive in the snow-covered northbound and southbound lanes of New York State Highway I-287 as a major winter storm sweeps across much of the United States on January 25, 2026 in Nyack, New York.
Mike Seeger | Reuters
A widespread winter storm brought subzero temperatures and heavy snow to much of the United States this weekend, prompting more than 20 states to declare states of emergency.
Several major airlines have waived change and cancellation fees at dozens of U.S. airports and cut thousands of flights. Natural gas prices soared and hundreds of thousands of people in the South lost power. Power prices also soared as demand in Virginia, home to the world’s most data centers, was stronger than expected.
Here’s how the storm will affect your money.
4. Neighborhood relations
Canadian Prime Minister Mark Carney speaks during a press conference before the Cabinet Planning Forum at the Citadel in Quebec City, Quebec, Canada, on January 22, 2026.
Mathieu Bélanger | Reuters
Canadian Prime Minister Mark Carney said yesterday that his country has “no intention” of entering into a free trade agreement with China, a day after President Trump threatened to impose 100 per cent tariffs on Canada if it did.
Carney told reporters that Canada respects its obligations under the Canada-U.S.-Mexico trade agreement and will not pursue a deal with China without telling the other two countries. In a post on Truth Social on Saturday, President Trump referred to Carney as his “governor” and referenced his past calls for Canada to become a U.S. state.
5. Bumpy road
The 2025 Jeep Wagoneer S electric vehicle will be on display at the Larry H. Miller Chrysler, Jeep, Dodge and Ram dealership in Thornton, Colorado, on Wednesday, January 7, 2026.
Chang Hyun | Denver Post | Getty Images
American automakers have spent the first half of the last decade navigating contradictions. That’s expected to remain the case in 2026, as CNBC’s Michael Weiland reports.
After years defined by supply chain issues, tariffs and wavering interest in electric vehicles, automakers are now also grappling with traditional issues of affordability and cooling consumer demand. Some companies are also preparing to transition to the “new” U.S. auto industry, which is smaller, more expensive, and less stable.
“We have to plan for the worst and hope for the best,” said Randy Parker, CEO of Hyundai North America.
daily dividend
Here’s what we’re looking at this week:
CNBC’s Kif Lesswing, Terry Cullen, Yun Lee, Garrett Downs, Sarah Ming, Sean Conlon, Leslie Josephs, Jessica Dickler, Greg Iacrussi, Camaron McNair, Sara Agostino, Lim Hui Jie, Michael Weiland and Reuter contributed to this report. Josephine Rozzelle edited this version.
