(Jan 23): US stock futures dipped on Friday, signaling a second consecutive week of declines for the S&P 500 and Nasdaq, as Intel's shares plunged after disappointing forecasts, while lingering geopolitical tensions weighed on sentiment. Safe-haven gold rallied to a record high in further evidence of the risk-off mood prevailing among investors. By 5.57am ET, S&P 500 E-minis EScv1 were down 16.25 points, or 0.23%. Many of the so-called Magnificent Seven stocks, including Apple, Tesla and Microsoft, are set to report earnings next week. The Federal Reserve is widely expected to hold interest rates in the 3.5%-3.75% range after its policy meeting next week.
Source: The Edge Markets January 23, 2026 12:02 UTC