Dow edges up, Nasdaq falls after job-opening data as Microsoft results, Fed decision loom

by | Jan 30, 2024 | Stock Market

U.S. stocks were trading mixed Tuesday after consumer-confidence numbers and job-opening data pointed to a sturdy U.S. economy, while the Federal Reserve’s looming interest-rate decision and a busy earnings week from the likes of Microsoft are at the front of investors’ minds.How stocks are trading
The Dow Jones Industrial Average
DJIA
rose 98 points, or 0.3%, to 38,429.

The S&P 500
SPX
dipped 3.9 points, or 0.1%, to 4,924.

The Nasdaq Composite
COMP
fell 100 points, or 0.7%, to 15,526.

On Monday, the Dow Jones Industrial Average rose 224 points, or 0.59%, to 38,333; the S&P 500 increased 37 points, or 0.76%, to 4,928; and the Nasdaq Composite gained 173 points, or 1.12%, to 15,628.

What’s driving markets After the Dow and S&P each scored their sixth record close of this year on Monday, investors have a new raft of economic data and corporate earnings to trade on. But on Tuesday — one day ahead of another Federal Reserve announcement on interest rates — the market overall was pretty much in a holding pattern. Job openings topped …

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[mwai_chat context=”Let’s have a discussion about this article:nnU.S. stocks were trading mixed Tuesday after consumer-confidence numbers and job-opening data pointed to a sturdy U.S. economy, while the Federal Reserve’s looming interest-rate decision and a busy earnings week from the likes of Microsoft are at the front of investors’ minds.How stocks are trading
The Dow Jones Industrial Average
DJIA
rose 98 points, or 0.3%, to 38,429.

The S&P 500
SPX
dipped 3.9 points, or 0.1%, to 4,924.

The Nasdaq Composite
COMP
fell 100 points, or 0.7%, to 15,526.

On Monday, the Dow Jones Industrial Average rose 224 points, or 0.59%, to 38,333; the S&P 500 increased 37 points, or 0.76%, to 4,928; and the Nasdaq Composite gained 173 points, or 1.12%, to 15,628.

What’s driving markets After the Dow and S&P each scored their sixth record close of this year on Monday, investors have a new raft of economic data and corporate earnings to trade on. But on Tuesday — one day ahead of another Federal Reserve announcement on interest rates — the market overall was pretty much in a holding pattern. Job openings topped …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]

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