The Weekend Rip
Happy Weekend!
Major stock indices finished mixed in a volatile, short week as investors grappled with a "Greenland-induced" trade war scare and a significant plunge in Intel shares. While markets initially tumbled after President Trump threatened fresh 10% tariffs on eight European allies to pressure a sale of Greenland, equities recovered mid-week when he signaled a de-escalation at Davos. However, the week ended on a cautious note with the S&P 500 suffering its second straight weekly loss, as gold surged toward $5,000 and silver topped $100 amid persistent geopolitical uncertainty and Intel's 17% post-earnings slide.
Let's recap and prep you for the week ahead.
On Monday, the market was closed for Martin Luther King Jr. Day.
Tuesday : Major indices tumbled over 2% as Trump ignited a global trade war by threatening eight European allies with fresh 10% tariffs to force the sale of Greenland, wiping out $750 billion in market value. While safe-havens gold and silver hit fresh record highs, Netflix shares fluctuated after-hours following a Q4 beat of 325 million subscribers and an all-cash pivot for its $83 billion Warner Bros. Discovery acquisition.
Wednesday : Markets staged a "Taco Turn-around" as major indices roared back after Trump signaled a de-escalation in trade tensions at Davos, postponing European tariffs and opting for a non-military "framework plan" for Greenland. While equities rebounded, Netflix fell to a 52-week low on a cautious 2026 outlook, chips climbed higher, and Apple joined the AI rally by announcing a massive Siri overhaul into a conversational chatbot.
Thursday : Markets closed higher as a "concept of a plan" for Greenland eased trade war fears, with Trump and NATO discussing mineral rights and missile defense instead of aggressive tariffs. While Q3 GDP was revised up to a robust 4.4%, Intel shares slipped after-hours on a weak Q1 outlook despite a Q4 beat, as the chipmaker struggles to keep supply abreast of "insatiable" AI demand. The highlight of the day was the official sign-off on the TikTok US spinoff, a historic deal led by Oracle and Silver Lake that secures the app's future in America by retraining its algorithm on domestic data
Friday : Major indexes finished mixed as the S&P 500 secured its first back-to-back weekly loss since June, largely weighed down by Intel’s 17% plunge following a weak quarterly outlook. While blue chips limped, safe-haven commodities soared to historic levels with gold nearing $5,000 an ounce and silver breaking the $100 mark for the first time.
Saturday: This week's StocksTop 25showed performance vs. the indexes. ICE agents tackled, shot and killed a nurse on the streets of Minnesota. A blizzard swept the United States.
Here are the closing prices:
THE BRIEF
Need a concise summary of what's going on this week? Look no further. Here’s a rundown of this week’s earnings and economic data. There are so many earnings, there is no way to fit them all in our regular format.
Earnings This Week
Above is a quick summary. Check out the full Stocksearnings calendar for the other names reporting this week.
Economic Calendar
In addition to the above, check out this week's complete list of economic releases.