U.S. stocks experienced a mixed close on Friday, with the Dow Jones Industrial Average falling due to Intel’s sharp decline on a weak outlook. Despite geopolitical concerns and a volatile week, investors remain confident in the robust American economy. The upcoming “show-me” season for tech earnings, particularly from the Magnificent Seven, will be crucial for justifying current stock valuations.
Concurrent Losers: 15 small-cap stocks decline for 5 consecutive sessions
Over the five trading sessions ending January 23, the Sensex benchmark declined sharply, falling about 2,033 points to close at 81,538. The index ended lower