Traders work on the floor of the New York Stock Exchange during morning trading on January 21, 2026 in New York City.
Michael M. Santiago | Getty Images
U.S. stocks were mixed on Friday. Nasdaq Composite The rate of increase expanded as geopolitical concerns eased. Dow Jones Industrial Average Performance is poor.
The tech-heavy Nasdaq rose 0.28% to settle at 23,501.24, while the blue-chip Dow fell 285.30 points, or 0.58%, to close at 49,098.71. Slide-in by nearly 4% goldman sachs This weighed on the 30-stock index. wide market S&P500 It showed a slight increase of 0.03% and ended at 6,915.61.
Nvidia and advanced micro device It was among the stocks supporting the Nasdaq and S&P 500, which rose more than 1.5% and 2%, respectively. The move comes as NVIDIA CEO Jensen Huang plans to visit China in the coming days, a person familiar with the matter told CNBC. Other technical names are: microsoft Boost was also seen.
intel By contrast, shares fell about 17% after the chip maker released disappointing first-quarter guidance.
The three major averages rallied in their second session on Thursday as investors were reassured by news on trade tensions and easing geopolitical risks.
The index began to rebound on Wednesday after President Donald Trump called off threatening import tariffs on eight European countries that were scheduled to begin on February 1 and announced that he had reached a “framework for a future agreement on Greenland” with NATO Secretary-General Mark Rutte. The threat of tariffs briefly spurred a flight from U.S. assets as investors turned to “sell America” trades at the beginning of the holiday-shortened trading week.
President Trump also told CNBC on Wednesday that he “has an idea of an agreement” with the Arctic island.
“Investors this week welcomed ‘TACO’ trading, a term that seems to have started around or shortly after Emancipation Day,” said Scott Ellis, managing director of corporate credit at Penn Mutual Asset Management. “Maybe investors will take note of that in the future as President Trump backs down in some ways and the current administration backs off some of its rhetoric to get deals done.”
Indeed, Greenland’s Prime Minister Jens-Frederik Nielsen said on Thursday that he did not know the contents of the “framework” agreement announced by President Trump, stressing that any such agreement must respect Greenland’s sovereignty and territorial integrity.
Wednesday’s and Thursday’s gains erased losses from the start of the week, but Friday’s moves pushed the Dow back into the red. The Dow 30 fell 0.5% for the week. The S&P 500 is down about 0.4% over the period, while the Nasdaq is down less than 0.1%. Both had back-to-back weeks of declines.
