How Major US Stock Indexes Fared Jan. 23

Date:

The U.S. stock market finished its zigzag week full of tariff threats and cancellations with a quiet and tentative close.The S&P 500 closed barely changed Friday and notched a second straight week with a modest loss. The Dow Jones Industrial Average dipped 0.6 percent, and the Nasdaq composite rose 0.3 percent.The majority of U.S. stocks fell, including Intel, which gave a weaker financial forecast for upcoming results than analysts expected. The U.S. dollar’s value slid against the Japanese yen, euro, and other currencies, while gold rose to another record in a signal that nervousness remains in the market.On Friday:The S&P 500 rose 2.26 points, or less than 0.1 percent, to 6,915.61.The Dow Jones Industrial Average fell 285.30 points, or 0.6 percent, to 49,098.71.The Nasdaq composite rose 65.22 points, or 0.3 percent, to 23,501.24.The Russell 2000 index of smaller companies fell 49.60 points, or 1.8 percent, to 2,669.16.For the week:The S&P 500 is down 24.40 points, or 0.4 percent.The Dow is down 260.62 points, or 0.5 percent.The Nasdaq is down 14.14 points, or 0.1 percent.The Russell 2000 is down 8.58 points, or 0.3 percent.For the year:The S&P 500 is up 70.11 points, or 1 percent.The Dow is up 1,035.42 points, or 2.2 percent.The Nasdaq is up 259.25 points, or 1.1 percent.The Russell 2000 is up 187.26 points, or 7.5 percent.The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Wall Street Review: Stocks Recover as Tech Earnings Lift Sentiment

Better-than-expected earnings reports from Microsoft and Amazon during the...

Greek Deli Shuts After 54 Years as Owner Cites Tough Business Conditions

A beloved Greek deli in the heart of Sydney’s...

US Government Acquires Equity Stakes in 7 More Companies

The Department of Commerce said on July 29 it...

US Consumer Sentiment Blows Past Expectations in July

Americans are feeling better about the economy despite pocketbook...