Wall Street drifts as Intel tumbles and gold's price rises to another record

Market Overview - The U.S. stock market experienced mixed trading, with the S&P 500 remaining flat, up less than 0.1%, marking a second consecutive week of modest losses [1] - The Dow Jones Industrial Average fell by 285 points, or 0.6%, while the Nasdaq composite increased by 0.3% [1] Company Performance - Intel's stock dropped 17% after reporting better-than-expected results for the end of 2025, but its forecast for Q1 2026 fell short of Wall Street expectations [2] - Chief Financial Officer David Zinsner indicated that supply shortages are impacting the entire chip industry, with expectations for supply to bottom out early this year before improving in the spring [3] - Capital One Financial's stock declined by 7.6% after reporting weaker profits for the end of 2025 than anticipated, despite announcing a $5.15 billion acquisition of Brex [6] - CSX's stock rose by 2.4% despite reporting weaker profits than expected, with analysts noting a positive forecast for operating profit retention from revenue in 2026 [7] - Clorox's stock increased by 1.1% following the announcement of its acquisition of GOJO Industries for $2.25 billion in cash [7] Market Trends - Gold prices reached a record high, nearing $5,000 per ounce, indicating a shift towards safer investments, with a nearly 15% increase year-to-date [6] - The U.S. dollar depreciated against the Japanese yen and Swiss franc, influenced by President Trump's tariff threats on European countries [4] - Following Trump's announcement of a potential deal regarding Greenland and the cancellation of tariffs, there was some relief in the market, although details remain scarce [5]