Most Stocks Fall, Especially Intel's

Day of mixed trading closes out up-and-down week
By Newser Editors and Wire Services
Posted Jan 23, 2026 3:40 PM CST
Most Stocks Fall, Especially Intel's
Visitors walk by Intel booth at the Computex Taipei exhibition, one of the world's largest computer and technology expos, in Taipei, Taiwan, on May 20, 2025.   (AP Photo/Chiang Ying-ying)

The US stock market drifted through mixed trading Friday, as a zigzag week punctuated by loud threats and pullbacks finished with a quiet and tentative close.

  • The Dow fell 285.30 points, or 0.6%, to 49,098.71, to end the week down 0.5%.
  • The S&P 500 rose 2.26 points, or less than 0.1%, to 6,915.61, to close the week down 0.4%.
  • The Nasdaq composite rose 65.22 points, or 0.3%, to 23,501.24, for a decline for the week of 0.1%.

The majority of stocks on Wall Street fell, the AP reports, as Intel weighed on the market after tumbling 17%. The chip company reported better results for the end of 2025 than analysts expected. But investors focused instead on its forecast for the first three months of this year, which fell short of Wall Street's expectations. Chief Financial Officer David Zinsner said shortages of supplies are affecting the entire industry, and Intel expects available supply to hit a bottom early this year before improving in the spring and beyond. CEO Lip-Bu Tan highlighted the company's opportunities created by the artificial-intelligence era.

Capital One Financial sank 7.6% after reporting a weaker profit for the end of 2025 than analysts expected. It also said it was buying Brex, which helps businesses issue corporate credit cards, for $5.15 billion in cash and stock. On the winning side of the market was CSX, which climbed 2.4% even though the railroad reported a weaker profit than analysts expected. Some analysts highlighted the company's forecast for how much more operating profit it expects to retain from each $1 of revenue during 2026. Clorox gained 1.1% after saying it was buying the maker of Purell, GOJO Industries, for $2.25 billion in cash.

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