*US equities close mixed after a 2-day rally*
*25 January 2023*
Nasdaq 100 Index 11846.64, (-0.22%)↓
S&P 500 Index 4016.81, (-0.07%)↓
Dow Jones Indus Avg Index 33733.96, (0.31%)↑
US shares closed mixed as the Q4 earnings season heats up, with investors looking into corporate earnings for insights into the state of the US economy. The *S&P 500* inched lower after the best 2-day rally since November. The *Dow* notched its 3rd consecutive winning session. The *10-year Treasury yield* fell to around 3.45%. 6 of 11 sectors ended in the green, with *Industrials* leading shares higher while *Communication Services* led losses. The *VIX (-3.08%)* decreased to 19.21.
The *NYSE declared some trades "null and void"after a technical malfunction* caused *wild fluctuations in over 250 stocks* after the opening bell, including *Walmart and Nike*. Last week, the US officially *exceeded its debt limit of 31.4 trillion*, and the Treasury began "extraordinary measures," including suspending the sale of certain government securities, to ensure the U.S. meets its obligations.
Preliminary results for the *S&P Global Composite PMI (Jan)* came in better than expected but remained in contraction territory, up from 45.0 to 46.6. All eyes will be on *Q4 GDP data set to be released this Thursday at 21:30 Singapore Time*.
*Industrials* led the market as truck manufacturer *PACCAR (+8.64%)* surged on strong quarterly results. Defense companies like *Lockheed Martin (+1.80%)* also gained after beating estimates. *Alphabet (-2.09%)* fell after the Justice Department filed a lawsuit for violating antitrust laws. *3M (-6.21%)* tumbled after missing EPS estimates amidst a demand slowdown. *Chipmaker Texas Instruments (-0.63%)* fell on lowered guidance amidst its first sales decline since 2020. After hours, *Microsoft (-1.01%)* fell after forecasting a deceleration in revenue growth for its Azure cloud-computing business. *Intuitive Surgical (-9.82%)* also sunk on poor quarterly results.
*25 January 2023*
Nasdaq 100 Index 11846.64, (-0.22%)↓
S&P 500 Index 4016.81, (-0.07%)↓
Dow Jones Indus Avg Index 33733.96, (0.31%)↑
US shares closed mixed as the Q4 earnings season heats up, with investors looking into corporate earnings for insights into the state of the US economy. The *S&P 500* inched lower after the best 2-day rally since November. The *Dow* notched its 3rd consecutive winning session. The *10-year Treasury yield* fell to around 3.45%. 6 of 11 sectors ended in the green, with *Industrials* leading shares higher while *Communication Services* led losses. The *VIX (-3.08%)* decreased to 19.21.
The *NYSE declared some trades "null and void"after a technical malfunction* caused *wild fluctuations in over 250 stocks* after the opening bell, including *Walmart and Nike*. Last week, the US officially *exceeded its debt limit of 31.4 trillion*, and the Treasury began "extraordinary measures," including suspending the sale of certain government securities, to ensure the U.S. meets its obligations.
Preliminary results for the *S&P Global Composite PMI (Jan)* came in better than expected but remained in contraction territory, up from 45.0 to 46.6. All eyes will be on *Q4 GDP data set to be released this Thursday at 21:30 Singapore Time*.
*Industrials* led the market as truck manufacturer *PACCAR (+8.64%)* surged on strong quarterly results. Defense companies like *Lockheed Martin (+1.80%)* also gained after beating estimates. *Alphabet (-2.09%)* fell after the Justice Department filed a lawsuit for violating antitrust laws. *3M (-6.21%)* tumbled after missing EPS estimates amidst a demand slowdown. *Chipmaker Texas Instruments (-0.63%)* fell on lowered guidance amidst its first sales decline since 2020. After hours, *Microsoft (-1.01%)* fell after forecasting a deceleration in revenue growth for its Azure cloud-computing business. *Intuitive Surgical (-9.82%)* also sunk on poor quarterly results.
选择“Disable on www.wenxuecity.com”
选择“don't run on pages on this domain”
