This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here.

Happy Friday. This is TheStreet’s Stock Market Today for Jan. 23, 2026. You can follow the latest updates on the market here in our daily live blog.

Update: 4:00 p.m. ET

Closing Bell

The U.S. markets are now closed for the week.

Our abbreviated trading week has drawn to a close, but unfortunately not on the footing which it spent the last two days. After a memorable Tuesday tumble, Wednesday and Thursday treated bulls a little kinder, as geopolitical tremors and earnings drama calmed down.

Alas, some of those earnings theatrics were back today after semiconductor company Intel (-17.6%) reported earnings yesterday after the bell, many similar firms fell in sympathy. Core to the company’s woes are disappointing yields on its chip products; it is experiencing high demand from customers but unable to reach them as it navigates difficulty with production capacity.

That seems to be a common point of trouble across the whole industry right now, especially as shortages of flash memory and RAM persist across the computing field.

Nonetheless, tech managed to do just fine today, with the Nasdaq (+0.28%) and S&P 500(+0.03%) leading the pack in a quieter session. The Dow (-0.58%) was less fortunate, while small caps in the Russell 2000 (-1.82%) experienced a healthy pullback.

The Cboe Volatility Index rose 2.88% to 16.09 in the session, likely credit to some ongoing geopolitical angst.

Update: 1:04 p.m ET

Midday Update

Over two-thirds of U.S. equities are declining today, which is splashing cold water on hopes for a warm ending to the week.

The Nasdaq (+0.43%) is up, while the S&P 500 (-0.02%), Dow (-0.75%), and Russell 2000 (-1.78%) are seen sinking.

Speaking of the plummeting Russell, here is how its heatmap is looking today:

Midday Movers

Here are today’s midday movers:

Winners

Losers

Update: 9:38 a.m. ET

Opening Bell

The U.S. markets are now opened for the day. Intel’s after hour earnings disappointment appears to be weighing on stocks a little bit today, along with the geopolitical tremors of the week.

Starting off, the Nasdaq (-0.03%) and S&P 500 (-0.13%) are leading the way, down by just a few points. (Although, that seems to be turning around already.)

The Dow (-0.56%) is off more than 278 points, while the Russell 2000 (-0.62%) is experiencing a larger pullback.

Here is the S&P 500 this morning, just a few minutes after the open (15 min delayed).

There are some pockets of green in technology, communication services, consumer defensive; and of course, energy stocks seem to be seeing the most success today.

On the flip, financials, real estate, utilities, and materials are looking more red.

The 10Y Treasury is 1 bip lower at 4.241%.

In commodities, continuous contracts for gold (+0.88%) are getting close to a milestone $5,000. Silver contracts (+3.53%) are also on the cusp of a milestone of their own, just shy of $100.

Natural gas (-0.92%) is experiencing its first pullback after nearly doubling in recent days due to anticipation around the Winter Storm sweeping the nation.

This section will be updated shortly with more information.

Update: 9:01 a.m. ET

A.M. Update

Good morning. Here are this morning’s big events:

Earnings Today: SLB, First Citizens, Booz Allen Hamilton

Today’s slate of earnings is relatively light. Here are all the earnings from firms with at least a $1 billion market cap:

Data Today: S&P Global, Michigan Consumer Sentiment

Rounding out the week are two economic reports: the S&P Global Composite and the University of Michigan Consumer Sentiment survey results for January. Here is the full slate (updated with the latest data):