U.S. Stock Indexes Close Week With Modest Losses, Dollar Weakens Against Major Currencies

The U.S. stock market concluded a volatile week marked by fluctuating tariff threats and cancellations with subdued trading on Friday, January 23, 2026. The S&P 500 closed nearly flat, registering a second consecutive week of modest losses, while the Dow Jones Industrial Average declined 0.6% and the Nasdaq Composite gained 0.3%. Intel's weaker-than-expected financial outlook contributed to a broader decline in U.S. stocks. Meanwhile, the U.S. dollar weakened against the Japanese yen, euro, and other currencies, as gold prices surged to a new record, reflecting ongoing market nervousness. Key index performances for the day included: - S&P 500: +2.26 points (0.1%) to 6,915.61 - Dow Jones: -285.30 points (0.6%) to 49,098.71 - Nasdaq Composite: +65.22 points (0.3%) to 23,501.24 - Russell 2000: -49.60 points (1.8%) to 2,669.16 Year-to-date, the S&P 500 is up 1%, the Dow is up 2.2%, the Nasdaq is up 1.1%, and the Russell 2000 has surged 7.5%. For the week, all major indices posted minor declines.