ET 16:12

US Stocks Close Mixed, S&P 500 Posts Weekly Loss as Intel Earnings Disappoint

US equities ended mixed on Friday, with the Dow Jones Industrial Average (^DJI) declining about 0.6%, while the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) saw slight gains of 0.2%. All three major indexes recorded consecutive weekly losses amid volatility driven by geopolitical tensions and corporate earnings. Intel (INTC) shares tumbled over 16% after the chipmaker issued disappointing first-quarter guidance, signaling challenges in its AI server chip demand recovery. Meanwhile, President Trump's cooling rhetoric on Greenland and proposed tariffs on NATO allies provided temporary market relief, though broader US-EU tensions weighed on the dollar (DX-Y.NYB). Gold (GC=F) surged toward its best weekly performance since 2020, while silver (SI=F) surpassed $100 per ounce. Progress on China-US tech relations was noted, with TikTok and ByteDance finalizing a deal to operate in the US, and Nvidia (NVDA) reportedly preparing for H200 chip imports amid eased restrictions. Investors now await a critical earnings week and the Federal Reserve's upcoming interest rate decision, as Trump indicated he is nearing a choice for the next Fed chair following interviews with candidates. [Publication Time: 2026-01-23 21:02 UTC]

EditorTan Wei Jie