US EditionWall Street Drifts as Intel Tumbles and Gold’s Price Rises to Another Record
Intel's 15.8% drop followed weak first-quarter guidance amid supply shortages; gold rose nearly 15% this year as investors sought safety during market uncertainty.
- Markets in New York traded unevenly after Trump on Wednesday, reflecting a zigzag week, with the U.S. stock market drifting in mixed trading.
- Intel warned that its first-quarter forecast disappointed Wall Street despite stronger end-of-2025 results, and Chief Financial Officer David Zinsner said supply shortages will bottom early this year.
- Investors pushed gold higher on Friday, nearing a record $5,000 per ounce as they sought safer assets amid the week's market swings.
- Indexes diverged intraday, producing mixed benchmark readings as the Dow Jones Industrial Average fell 305 points, or 0.6%, by 12:49 p.m. Eastern while the Nasdaq composite rose 0.3% and the S&P 500 stayed near flat.
- Mixed signals in Treasuries and improving U.S. consumer inflation expectations shaped risk appetite as President Donald Trump threatened 10% tariffs over Greenland, then announced a framework, with 10-year Treasury yields near 4.26% and 4.24%.
47 Articles
47 Articles
Wall Street drifts as Intel tumbles and gold’s price rises to another record - Boston News, Weather, Sports
NEW YORK (AP) — The U.S. stock market is drifting in mixed trading on Friday, as a zigzag week punctuated by loud threats and pullbacks heads toward a quieter
Nvidia and AMD are growing, while Intel is declining by around 13 percent. Despite the relaxation in the Greenland dispute, gold is reaching new record levels.
San Diego Union Tribune
Wall Street drifts as Intel tumbles and gold’s price rises to another record
By STAN CHOE, AP Business Writer NEW YORK (AP) — The U.S. stock market is drifting in mixed trading on Friday, as a zigzag week punctuated by loud threats and pullbacks heads toward a quieter close. Related Articles What to know about the deal to keep TikTok in US Shuttered Las Cuatro Milpas makes plans to reopen in new location What weather apps sometimes miss about dangerous winter storm conditio…
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