02 Feb 2023 - Stocks increased on Wednesday due to a change in focus from the quarter-point interest rate hike by the Federal Reserve to comments from Fed Chairman Jerome Powell acknowledging the decrease in inflation. Stock benchmarks were also boosted by strong fourth-quarter corporate earnings, with companies like Peloton and Advanced Micro Devices reporting positive result.
01 Feb 2023 - Stocks rose on Tuesday as strong earnings and encouraging inflation data put the S&P 500 on track for its best January in four years. Traders have assessed how some of the largest firms are faring amid high inflation and fears of slowing consumer spending.
31 Jan 2023 - Stocks traded lower Monday, pausing a January rally as investors braced for the busiest week of earnings season. The upcoming week is also full of potential market movers including policy decisions from central banks as well as inflation and employment data from the US, Eurozone, and China.
30 Jan 2023 - Stocks rose Friday and capped off a winning week fueled by better-than-expected economic growth and a pop in Tesla shares. Investors have been weighing economic data released on Friday ahead of this week’s Federal Reserve policy meeting.
27 Jan 2023 - Stocks rose Thursday as traders combed through the latest batch of corporate earnings and fourth-quarter gross domestic product that came in above expectations. The US economy logged better than expected growth in the final quarter of 2022, even as the Federal Reserve’s aggressive campaign to raise borrowing costs began to weigh more heavily on business activity. The world’s largest economy expanded 2.9 per cent on an annualised basis between September and December.
25 Jan 2023 - A mini ‘flash crash’ greeted traders on the opening as trading in dozens of blue-chip stocks from ExxonMobil to McDonald’s and Mastercard was briefly halted on Tuesday after problems with the New York Stock Exchange’s opening auction caused sharp swings at the start of trading. More than 75 stocks were stopped for hitting volatility limits within 15 seconds of the open.
24 Jan 2023 - Stocks rose Monday as investors contemplated a potential slowdown in rate hikes from the Federal Reserve and braced for a busy week of earnings.
23 Jan 2023 - Stocks rallied on Friday to finish the week strong after briefly losing the momentum of the January rally. In Europe economic upgrades are boosting sentiment thanks to lower energy prices, bumper government support and the earlier-than-anticipated reopening of the Chinese economy, which is set to boost global demand.
20 Jan 2023 - Stocks fell Thursday as investors grew increasingly concerned the Federal Reserve will keep raising rates despite signs of slowing inflation. Overall, overnight’s performance came after initial filings for unemployment insurance fell to their lowest level since late June last week, the Labor Department reported, signalling to investors that the labour market is resilient amid a slowing economy.
19 Jan 2023 - The Dow Jones Industrial average tumbled more than 600 points on Wednesday as investors took profits on some of the strong 2023 January gains and as a disappointing December retail sales reading raised concerns about a recession. Shares of banks led the losses.
