Monthly Archives - January 2023

US stocks rose on Friday as inflation is looking to cool in 2023

16 Jan 2023 - Stocks rose on Friday as investors digested bank earnings and bet inflation would ease in 2023. All of the major indexes fought their way into the green after beginning the day deep in the red. The Dow Jones Industrial Average rose 0.33%. The S&P 500 rose 0.40% and the Nasdaq Composite advanced 0.71%.

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All US sectors rally ahead of optimistic CPI data

12 Jan 2023 - US stocks rose Wednesday as investors grew increasingly confident Thursday’s consumer price index will show cooling inflation and signal to the Federal Reserve that previous interest rate hikes have had their intended impacts. The Dow Jones Industrial Average advanced 0.8 per cent and the S&P 500 gained 1.3 per cent, while the Nasdaq Composite added 1.8 per cent.

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