US Markets Show Mixed Results as Intel Shares Tumble and Silver Surpasses One Hundred Dollars
US markets were split as Intel Corporation shares plunged while silver prices hit record highs. Investors remained cautious ahead of major tech earnings.
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USstock markets demonstrated a divergent performance on January 23, 2026, as investors processed a major selloff in a prominent chipmaker alongside a historic rally in precious metals. At 11:35 a.m. ET, the Dow Jones Industrial Average fell 238.52 points or 0.48% to 49,145.49. In contrast, the S&P 500 gained 9.86 points or 0.14% to 6,923.21, while the Nasdaq Composite climbed 112.84 points or 0.48% to 23,548.86. The split occurred as markets weighed specific corporate setbacks against broader growth in the technology sector during a week marked by geopolitical shifts.
USstock markets demonstrated a divergent performance on January 23, 2026, as investors processed a major selloff in a prominent chipmaker alongside a historic rally in precious metals. At 11:35 a.m. ET, the Dow Jones Industrial Average fell 238.52 points or 0.48% to 49,145.49. In contrast, the S&P 500 gained 9.86 points or 0.14% to 6,923.21, while the Nasdaq Composite climbed 112.84 points or 0.48% to 23,548.86. The split occurred as markets weighed specific corporate setbacks against broader growth in the technology sector during a week marked by geopolitical shifts.Intel Corporation shares sank 15.6% on Friday after the company issued quarterly revenue and profit forecasts that fell below market estimates. The chipmaker attributed the downbeat guidance to struggles in satisfying the high demand for server chips used in AI data centers. This sharp decline came despite Intel Corporationshares rising approximately 25% since the start of 2026. Following the news, an index of semiconductors fell 1% on January 23, 2026, pulling back from a record high reached during the previous session.
