The Dow, the S&P 500 and the Nasdaq are headed for a muted open Friday.
My top 10 things to watch Friday, Jan. 26
The Dow, the S&P 500 and the Nasdaq are headed for a muted open Friday. Bond yields are lower. The Fed’s favorite inflation gauge showed price pressures continued to cool at the end of last year. Dow stocks American Express up and Visa down after earnings.
Intel shares drop roughly 10% on rough outlook. The quarter beat but margins were really low versus what was expected. Intel weakness drags other chips stocks down, including Club names Broadcom and Nvidia. The AI king Nvidia had another record close Thursday.
Advanced Micro Devices shares also lower. Stifel boosts AMD price target to $200 per share from $170 ahead of earnings. The analysts say AMD quarter should be in line and expect in line guidance.
