Stock Market Today, Jan. 13: AMD Rallies as Banking Stocks Struggle

Stock Market Today, Jan. 13: AMD Rallies as Banking Stocks Struggle

The S&P 500 (SNPINDEX:^GSPC) slipped 0.19% to 6,963.74 today even as December CPI data came in slightly lower than expected. The Nasdaq Composite (NASDAQINDEX:^IXIC) eased 0.10% to 23,709.87, and the Dow Jones Industrial Average (DJINDEX: ^DJI) fell 0.80% to 49,191.99. Market moversAdvanced Micro Devices (NASDAQ:AMD) and Intel (NASDAQ:INTC) rallied on further analyst AI-chip optimism. Offsetting strength, Salesforce (NYSE:CRM) declined on compet…

Salesforce stock tumbles 7% as AI payoff worries hit software; Slackbot rollout in focus

New York, January 13, 2026, 18:12 EST — After-hours trading Shares of Salesforce Inc (CRM) dropped roughly 7% on Tuesday, slipping to an intraday low of $240.42. In after-hours trading, the stock continued to slide, last down 7.1% at $241.06. Salesforce’s decline marked it as the Dow’s weakest link, underscoring how quickly enthusiasm can sour on major software firms betting on AI as their growth engine. Chipmakers bucked the trend—Intel and AMD…