Stock market today: Live updates - Discover Hidden USA

U.S. stock futures experienced a slight dip on Thursday, January 23, 2026, following two consecutive days of gains fueled by diminishing geopolitical concerns. This comes after a week marked by market volatility tied to international trade and diplomatic developments.

Market Overview

As of early trading, Dow Jones Industrial Average futures were down 92 points, or 0.2%. S&P 500 futures decreased by 0.1%, and Nasdaq-100 futures shed 0.2%. The prior day saw significant rallies, with the Dow advancing over 300 points, a 0.6% increase, and the S&P 500 and Nasdaq Composite rising by roughly 0.6% and 0.9% respectively. The Russell 2000 even closed at a record high.

Sector Performance

Within the technology sector, Nvidia and Advanced Micro Devices saw gains of over 1% and approximately 3%, respectively. This movement coincided with reports that Nvidia CEO Jensen Huang is planning a visit to China in the coming days. Conversely, Intel shares experienced a substantial 13% decline following a disappointing first-quarter outlook.

Did You Know? President Donald Trump called off threatened tariffs on imports from eight European nations after reaching a “framework of a future deal with respect to Greenland.”

Geopolitical Influences

The market’s recent rebound began on Wednesday after President Trump’s decision to halt the proposed tariffs on European imports. This followed an announcement of a framework agreement regarding Greenland. However, Greenland Prime Minister Jens-Frederik Nielsen stated he was unaware of the specifics of the “framework” deal, emphasizing the importance of respecting Greenland’s sovereignty.

According to James McCann, senior economist at Edward Jones, investors are reacting positively to the progress in resolving these geopolitical issues, particularly after the turbulence experienced earlier in the week. He also noted a continued surge in gold prices, with gold futures settling at another record high on Thursday.

Expert Insight: The simultaneous rise in risk assets like stocks and the continued strength of gold suggest a complex market sentiment. Investors appear relieved by easing geopolitical tensions, but remain cautious, seeking the safe haven of gold amid broader economic uncertainties and concerns about U.S. public finances.

Despite the gains on Wednesday and Thursday, the Dow is only marginally up for the week, less than 0.1%. The S&P 500 and Nasdaq are currently tracking toward their second consecutive negative week, down 0.4% and 0.3% respectively.

Frequently Asked Questions

What prompted the initial market rebound on Wednesday?

The market began to recover on Wednesday after President Trump called off threatened tariffs on imports from eight European nations.

What impact did Intel’s earnings report have on its stock price?

Intel shares tumbled 13% after the chipmaker reported a disappointing first-quarter outlook.

What is the significance of Nvidia CEO Jensen Huang’s planned visit to China?

Nvidia and Advanced Micro Devices shares rose in early trading following reports that Nvidia CEO Jensen Huang is planning to visit China in the coming days.

How will the interplay between geopolitical developments and economic indicators shape market performance in the coming days?