Market Snapshot: U.S. stocks trade higher, heading for strong January finish, as Fed decision awaits

by | Jan 31, 2023 | Stock Market

U.S. stocks are trading higher Tuesday after a batch of mixed of corporate earnings reports and data showing a slightly slower rise in wages, as investors make one last push to finish January on a strong note before another likely Federal Reserve interest rate rise on Wednesday. What’s happening On Monday, the Dow Jones Industrial Average DJIA fell 261 points, or 0.77%, to 33717, the S&P 500 SPX declined 53 points, or 1.3%, to 4018, and the Nasdaq Composite COMPdropped 228 points, or 1.96%, to 11394. The…

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