US Equity Markets Mixed as Consumer Sentiment Improves; Silver Tops $102

BY MT Newswires | ECONOMIC | 01/23/26 04:22 PM EST

04:22 PM EST, 01/23/2026 (MT Newswires) -- Major US equity indexes were mixed Friday amid a gain in consumer sentiment, while silver rose to a record topping $102 an ounce.

* The University of Michigan consumer sentiment index rose to 56.4 in January from 52.9 in December. That topped the preliminary reading and surpassed all estimates in a Bloomberg survey of economists.

* The January flash reading of manufacturing conditions from S&P Global rose to 51.9 from 51.8 in December, compared with the 52.0 anticipated in a Bloomberg poll.

* March West Texas Intermediate crude oil rose $1.78 to settle at $61.14 per barrel, while March Brent crude, the global benchmark, was last seen up $1.87 at $65.93.

* Intel's (INTC) shares fell 17%, the biggest drop on the S&P 500, a day after the chipmaker reported a drop in Q4 revenue and Q1 guidance disappointed investors amid supply disruptions.

* Fortinet (FTNT) shares rose 5.2%, the second-largest gain on the S&P, after TD Cowen upgraded the stock to buy from hold with a $100 price target.

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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