U.S. stock futures declined on Friday morning, following a two-day winning streak in major indices, amid easing geopolitical tensions and tariff woes. Notably, chipmaker Intel’s (INTC) dismal outlook for the first quarter of Fiscal 2026 weighed on investor sentiment. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were down 0.16%, 0.11%, and 0.31%, respectively, at 8:29 a.m. EST on January 23.
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During Thursday’s regular trading, all three major averages closed higher, with the Dow Jones and the S&P 500 gaining 0.63% and 0.55%, respectively, while the Nasdaq Composite was up 0.91%.
Turning to trending stocks, Intel shares plunged more than 13% in Friday’s pre-market trading after issuing weaker guidance for the current quarter, which offset its strong results for the December quarter. In contrast, Nvidia (NVDA) stock rose more than 1% after CNBC reported that CEO Jensen Huang plans to visit China, ahead of the mid-February Lunar New Year, amid uncertainty of sale of the company’s H200 chips.
Meanwhile, Life360 (LIF) stock rallied more than 24% after the location-sharing app maker reported a 20% rise in its monthly active user base for 2025. Intuitive Surgical (ISRG) stock rose 2.5% after the medtech company reported better-than-expected Q4 earnings.