US Stocks Finish the Week Mixed

2026-01-23 21:02 By Felipe Alarcon 1 min. read

US equities closed mixed on Friday, with the S&P 500 up 0.1%, the Nasdaq 100 adding 0.3% while the Dow dropped 0.6%, weighed down by weakness in financials and utilities while energy stocks outperformed.

Nvidia gained 1.5%, extending support for the Nasdaq after reports that Chinese officials signaled domestic tech firms could prepare orders for its H200 AI chips, while AMD advanced 2.3%.

In contrast, Intel plunged 17% after issuing a weaker-than-expected outlook and flagging ongoing operational challenges, dragging broader semiconductor sentiment.

Elsewhere, Broadcom fell 1.7%, capping upside in mega-cap tech.

Macro data offered mixed signals, with the University of Michigan sentiment index revised higher to a multi-month high even as flash S&P Global PMIs pointed to a mild cooling in both services and manufacturing.

For the week, the S&P 500 was down 0.5% and the Dow losing 0.6%, while the Nasdaq added 0.2% reflecting lingering caution after recent volatility.



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