Market Overview
▪ The US stock market closed on January 29, 2026, Beijing time, with the three major indices showing slight fluctuations.
▪ The Dow Jones Industrial Average closed at 49,015.6 points, up 0.02%.
▪ The S&amp;P 500 Index closed at 6,978.03 points, down 0.01% for the day, after briefly breaking the historic 7,000 points.
▪ The Nasdaq Composite Index closed at 23,857.45 points, with an increase of 0.17%, approaching the peak level at the end of October 2025.
Sector Performance
▪ The semiconductor sector rose against the trend, focusing on the strong performance of technology stocks. After experiencing a drop of over 20% due to disappointing earnings guidance, Intel rebounded sharply by 11.04% amid strong semiconductor demand and policy support. Texas Instruments exceeded expectations in its Q4 2025 earnings report, soaring 9.94%; Micron Technology also rose over 6% ahead of its earnings report, while industry leader Nvidia increased by 1.59%, with significant capital inflow into the sector.
▪ The internet content and information sector performed flat, with Meta's closing decline slightly widening to 0.63% on heavy trading volume, as investors showed strong interest in the company's upcoming Q4 2025 earnings report. Google-A and Google-C performed steadily, rising 0.44% and 0.38%, respectively.
▪ The automotive manufacturing sector showed volatility, with Tesla slightly up by 0.13%. The market is focused on the company's product strategy adjustments, with overall capital outflow indicating a short-term wait-and-see attitude.
Macroeconomic Background
▪ The Federal Reserve maintained interest rates, with inflation and the job market remaining robust. This expectation of a soft economic landing has injected optimism into the market, gradually boosting investor confidence.
Popular Stocks
▪ ENvue Medical rose 119.05%, with a trading volume of $591 million. The company recently announced favorable news regarding its product line and signed a distribution agreement with U-Deliver, strengthening market confidence and attention.
▪ Tianruixiang's stock price surged 311.21% today, with a trading volume of $319 million. Reports indicate that the company has reached a potential investment agreement of up to $80 million with investors, attracting significant speculative funds. The company is also facing a delisting warning from Nasdaq, which may pose risks to its future performance.
Top 10 Market Trading Volumes
▪ Nvidia (NVDA.US) rose 1.59%, latest trading price $191.5, trading volume $28.445 billion.
▪ Tesla (TSLA.US) rose 0.13%, latest trading price $431.46, trading volume $23.879 billion.
▪ Micron Technology (MU.US) rose 6.10%, latest trading price $435.28, trading volume $18.431 billion.
▪ Meta (META.US) fell 0.63%, latest trading price $668.73, trading volume $17.718 billion
▪ Microsoft (MSFT.US) rose by 0.22%, latest transaction price is $481.63, trading volume is $17.466 billion
▪ Apple (AAPL.US) fell by 0.71%, latest transaction price is $256.44, trading volume is $10.578 billion
▪ Amazon (AMZN.US) fell by 0.68%, latest transaction price is $243.01, trading volume is $9.963 billion
▪ Intel (INTC.US) rose by 11.04%, latest transaction price is $48.78, trading volume is $9.764 billion
▪ Google -A (GOOGL.US) rose by 0.44%, latest transaction price is $336.01, trading volume is $9.206 billion
▪ Sandisk (SNDK.US) rose by 9.60%, latest transaction price is $527.63, trading volume is $8.552 billion

On October 26th, after the U.S. stock market closed, chip giant Intel released its Q3 2023 financial report. The report showed that Intel's total revenue in the third quarter fell 8% year-on-year to $14.16 billion, marking the seventh consecutive quarter of declining sales, although it was still higher than the market expectation of $13.53 billion. In the second quarter, revenue had previously dropped 15% year-on-year, and the company expects revenue to return to growth in the fourth quarter. However, the sales of the Network and Edge Group (NEX), which includes IoT and other segments, fell 32% year-on-year to $1.5 billion. More importantly, the server chip division, named "Data Center and Artificial Intelligence," has yet to recover growth, with third-quarter revenue declining 10% year-on-year to $3.8 billion. Facing multiple competitive pressures, do you think Intel can turn the tide in the AI era?

On October 26th, after the U.S. stock market closed, chip giant Intel released its Q3 2023 financial report. The report showed that Intel's total revenue in the third quarter fell 8% year-on-year to $14.16 billion, marking the seventh consecutive quarter of declining sales, although it was still higher than the market expectation of $13.53 billion. In the second quarter, revenue had previously dropped 15% year-on-year, and the company expects revenue to return to growth in the fourth quarter. However, the sales of the Network and Edge Group (NEX), which includes IoT and other segments, fell 32% year-on-year to $1.5 billion. More importantly, the server chip division, named "Data Center and Artificial Intelligence," has yet to recover growth, with third-quarter revenue declining 10% year-on-year to $3.8 billion. Facing multiple competitive pressures, do you think Intel can turn the tide in the AI era?

In the AI era, can Intel win a comeback?

Clearly describe the overall market performance of the day, the differentiation of major sectors, and the performance of typical leading stocks. The Nasdaq performed outstandingly, rising by 0.17%, with the semiconductor sector being the big winner, as Intel surged by 11%. From a macro perspective, the Federal Reserve kept interest rates unchanged, and expectations of a soft economic landing boosted market optimism

- On January 29, 2026, U.S. stocks showed slight fluctuations with the Dow Jones closing at 49,015.6, the S&P 500 at 6,978.03, and the Nasdaq at 23,857.45.  
- Semiconductor stocks rose, particularly Intel up 11.04% following strong demand, while ENvue Medical saw a significant increase of 119.05%.  
- The Federal Reserve maintained interest rates amid stable inflation, fostering optimistic market sentiment.

Market Heartbeat

Intel

Texas Instruments

Micron Tech

U.S. stock market close | Nasdaq rose 0.17%, S&P 500 retreated after hitting a new high, semiconductor sector remains hot, Intel surged 11%