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It’s time for Yahoo Finance’s market minute.
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Americans are growing more optimistic on the economy and their finances.
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US consumer sentiment hit a five-month high in January according to the latest University of Michigan survey.
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The monthly advance in sentiment was the biggest since June and reflected gains across income, age, education, and political affiliation.
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Meanwhile, shares of Intel are seeing their biggest decline in 17 months.
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The chipmaker is under pressure after giving a disappointing forecast and warning on manufacturing struggles.
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The stock now has nine buys, 36 holds and seven sell ratings on Wall Street.
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And precious metals are looking to close out a record week.
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Gold is on track for its biggest week since 2020 as it closes in on $5,000 an ounce.
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Meanwhile, silver has topped $100 for the first time, making it an official three-figure commodity.
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And that’s your Yahoo Finance market minute.
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For more on what’s trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the trading session.