5 Things To Know: February 1, 2026

Summary

CNBC's Becky Quick runs through the five things to know ahead of the February 1, 2026 opening bell. Gold and silver are stabilizing after their worst single-day drop since 1980, while WTI crude slides about 5.25% after President Trump said Iran was seriously talking with the United States. Other items include Trump's pick to lead the Bureau of Labor Statistics, a proposed two-year Kennedy Center closure, and the better-than-expected box-office debut of Amazon's Melania documentary.

• Gold and silver stabilize after their worst day since 1980
• WTI crude falls about 5.25% to roughly $61.78 amid Iran-US talks
• Trump picks Brett Matsumoto to lead the Bureau of Labor Statistics
• Trump proposes closing the Kennedy Center for two years of renovations
• Amazon's 'Melania' documentary opens to a better-than-expected $7 million
• No clean directional investment theses were presented in the segment