U.S. stock markets experienced a mixed close on Friday, with the S&P 500 and Nasdaq ending their streak of gains, influenced by Intel's bleak revenue forecast and moderating inflation data. Intel's shares plummeted, leading to its worst day since 2020, and dragging down the Nasdaq, which shed 2.20% to 15,455 points. The S&P 500 fell 1.41% to 4,891 points, while the Dow Jones Industrial Average rose by 0.58% to 38,109 points. Despite the day's losses, the major indexes recorded their third consecutive weekly gain, with the Dow up 0.6%, the S&P 500 up 1.1%, the Nasdaq up 0.9%, and the Russell 2000 up 1.6%. The VIX, a measure of market volatility, ended down 0.3%. The mixed market responses come as recent economic data suggests inflation is easing, although the key data also introduced some investor confusion.
WATCH: Major US stock indexes recorded their third straight weekly gain and their 12th weekly advance out of 13. Key inflation data showed that while prices in December rose moderately, inflation is continuing to ease https://t.co/vL9cVBdpvd https://t.co/Hki0MdCKhV
Major US stock indexes recorded their third straight weekly gain and their 12th weekly advance out of 13. Key inflation data showed that while prices in December rose moderately, inflation is continuing to ease https://t.co/sShjTRIq65 https://t.co/zZ1TDeKyfD
S&P 500 ended a five-session streak of record highs yesterday as US economic data showed inflation moderating. S&P 500 ended at 4,891 points. Nasdaq declined 0.4% to 15,455 points, while Dow Jones Industrial Average rose 0.2% to 38,109 points. Even as the S&P 500 and Nasdaq…
WATCH: The S&P 500 broke its five-day streak of record highs on Friday, as Intel shares slumped following a bleak revenue forecast. Meanwhile, inflation continues to ease https://t.co/vL9cVBdpvd https://t.co/S37E2YN8DC
The S&P 500 broke its five-day streak of record highs on Friday, as Intel shares slumped following a bleak revenue forecast. Meanwhile, inflation continues to ease https://t.co/sShjTRIXVD https://t.co/Tgsm6JPMZ4
WATCH: Both the S&P 500 and Nasdaq closed lower. However, all three major indexes recorded their third straight weekly gain, and their 12th weekly advance out of 13 https://t.co/vL9cVBdXkL https://t.co/hHUBxFa8fM
Both the S&P 500 and Nasdaq closed lower. However, all three major indexes recorded their third straight weekly gain, and their 12th weekly advance out of 13 https://t.co/sShjTRIq65 https://t.co/TvJdTBGodV
WATCH: The S&P 500 ended a five-session streak of record highs after US economic data showed inflation moderating https://t.co/vL9cVBdXkL https://t.co/YiYt7DjIJd
The S&P 500 ended a five-session streak of record highs after US economic data showed inflation moderating https://t.co/sShjTRIq65 https://t.co/RCnAWF7DCC
Weak Intel forecast drags S&P 500, ends streak of record highs https://t.co/Flh1Nu1Pa9 https://t.co/mZ2n5uY5oX
US stocks trade mixed as Intel falls and key economic data confuses investors https://t.co/qRuRGuuIUz
⚠️WALL ST. WEEKLY PERFORMANCE: 🟢 DOW ENDS UP +0.6% 🟢 S&P 500 ENDS UP +1.1% 🟢 NASDAQ ENDS UP +0.9% 🟢 RUSSELL 2000 ENDS UP +1.6% 🔴 VIX ENDS DOWN -0.3% $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸 https://t.co/HXoBiHfUnw
⚠️BREAKING: *S&P 500 AND NASDAQ FALL ON FRIDAY, BUT BOTH NOTCH WEEKLY GAINS AMID AI-POWERED TECH RALLY $SPY $QQQ 🇺🇸🇺🇸 https://t.co/LvskmTPrTY
Dow posts Friday gain even as S&P 500 and Nasdaq win streaks end at six sessions https://t.co/8kIDsycyin
The S&P 500 oscillated on Friday, but remained on pace for weekly gains as the latest economic data added to a positive picture of the economy. The Dow gained 0.16% The S&P 500 fell 0.07% The Nasdaq shed 0.36% https://t.co/R6b2eiTu0i https://t.co/5E81AfkfGo
The S&P 500 oscillated on Friday, but remained on pace for weekly gains as the latest economic data added to a positive picture of the economy. The Dow gained 0.58% The S&P 500 fell 1.41% The Nasdaq shed 2.20% https://t.co/R6b2eiTu0i https://t.co/Pkqs4ieApc
S&P 500 hits fresh high after inflation data; Intel drags down Nasdaq https://t.co/pSnbAhn5Si https://t.co/C7J9f4HS9T
Intel on pace for worst day since 2020 on weak outlook https://t.co/ZoQqo4HTj0