How major US stock indexes fared Friday, 1/23/2026

The U.S. stock market finished its zigzag week full of tariff threats and cancellations with a quiet and tentative close.

The S&P 500 closed barely changed Friday and notched a second straight week with a modest loss. The Dow Jones Industrial Average dipped 0.6%, and the Nasdaq composite rose 0.3%.

The majority of U.S. stocks fell, including Intel, which gave a weaker financial forecast for upcoming results than analysts expected. The U.S. dollar's value slid against the Japanese yen, euro and other currencies, while gold rose to another record in a signal that nervousness remains in the market.

On Friday:

The S&P 500 rose 2.26 points, or less than 0.1%, to 6,915.61.

The Dow Jones Industrial Average fell 285.30 points, or 0.6%, to 49,098.71.

The Nasdaq composite rose 65.22 points, or 0.3%, to 23,501.24.

For the week:

The S&P 500 is down 24.40 points, or 0.4%.

The Dow is down 260.62 points, or 0.5%.

The Nasdaq is down 14.14 points, or 0.1%.

The Russell 2000 is down 8.58 points, or 0.3%.

The S&P 500 is up 70.11 points, or 1%.

The Dow is up 1,035.42 points, or 2.2%.

The Nasdaq is up 259.25 points, or 1.1%.