U.S. stocks closed mixed on Friday after a volatile trading session, as investors reacted to softer-than-expected January CPI data and falling Treasury yields. The S&P 500 finished flat at 6,835.08, while the Dow Jones Industrial Average edged up 0.1% to 49,500.93. The Nasdaq Composite slipped 0.2% to 22,546.67, weighed down by tech sector volatility. For the week, the S&P 500 declined 1.4%, the Dow lost 1.2%, and the Nasdaq dropped 2.1%.
Fresh data from the U.S. Bureau of Labor Statistics showed headline consumer price index (CPI) rose 2.4% year-over-year in January, below expectations of 2.5% and easing from December’s 2.7%. On a monthly basis, CPI increased 0.2%, also under forecasts. Core CPI met estimates both monthly and annually, reinforcing signs that inflation is gradually cooling toward the Federal Reserve’s 2% target.
The softer inflation report boosted expectations for potential Federal Reserve rate cuts in 2026, according to CME FedWatch data. Treasury yields fell sharply, with the 10-year yield dropping 6 basis points to 4.049% and the 2-year yield sliding to 3.410%. Lower yields typically support interest rate-sensitive sectors such as small-cap stocks, utilities, and real estate.
Technology stocks remained in focus after Thursday’s sharp selloff driven by concerns about artificial intelligence disruption and shifting market leadership. Applied Materials surged on strong guidance tied to AI-driven semiconductor demand and memory chip shortages. Arista Networks gained after reaffirming its margin outlook despite higher chip costs. Meanwhile, Pinterest shares fell on weak revenue guidance amid softer advertising spending. Airbnb climbed after beating revenue expectations and signaling resilient travel demand.
In commodities, gold prices rebounded more than 2% on safe-haven demand amid geopolitical tensions involving the U.S. and Iran. Oil prices fluctuated, with Brent crude near $67.60 and WTI around $62.77, as supply surplus concerns offset geopolitical risks.
Markets now turn their focus to upcoming economic data and Federal Reserve policy signals to gauge the outlook for interest rates and equity markets.


U.S. Stock Futures Slip as Tech Stocks Tumble Ahead of Key CPI Inflation Data
U.S. Inflation Cools in January as Gas Prices Fall, Core CPI Signals Sticky Price Pressures
Gold Prices Steady as Markets Await Key U.S. Inflation Data
Oil Prices Steady but Head for Weekly Loss as Supply Glut Concerns Weigh
Oil Prices Edge Higher as US-Iran Tensions and Strong Payroll Data Shape Market Sentiment
Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data
Asian Stocks Hit Record High as Strong U.S. Jobs Data Tempers Fed Rate Cut Hopes
Gold and Silver Prices Rise as Falling U.S. Yields Signal Softer Economy Ahead of Key Jobs Data
RBA Signals Further Interest Rate Hikes if Inflation Persists, Says Governor Michele Bullock
Nikkei 225 Surges Past 58,000 as Japan Stocks Rally on Takaichi Stimulus Boost
Asian Stock Markets Rise as Australian Shares Rally; Investors Eye U.S. Jobs Data and China Inflation
China CPI Growth Slows While Producer Deflation Eases in January
Oil Prices Hold Firm as U.S.–Iran Talks and Inventory Data Shape Market Sentiment
Japan, U.S. Speed Up Talks on $550 Billion Investment Deal Amid Tariff Pressure
Australian Central Bank Signals Tough Stance as Inflation Pressures Persist 



