Dow books near 200-point gain Tuesday as stock extend modest 2023 rally

U.S. stocks closed higher Tuesday, shaking off earlier weakness to end near the session's high, while extending a modest advance in the first two weeks of 2023. The Dow Jones Industrial Average DJIA, +0.56% gained about 187 points, or 0.6%, ending near 33,705, slightly below the session's high. The S&P 500 index SPX, +0.70% advanced 0.7% and the rate-sensitive Nasdaq Composite Index COMP, +1.01% closed up 1%, according to FactSet.

While investors didn't hear much from Federal Reserve Chairman Powell, who was speaking Tuesday from Sweden, on the central bank's next likely policy steps, stock-market bulls hoping for a soft landing for the economy were able to add to modest gains so far in January. Investors will be tuned into a monthly update on inflation on Thursday from the consumer-price index, which in recent months has shown a retreat from a peak annual rate above 9% this summer.

Buy real estates and stocks.

They die of shame.

A great rebound. Keep it up

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Golden Globes 2023: Roads to avoid in Beverly Hills ahead of Tuesday's awards ceremonyThe closures will mostly impact traffic along North Santa Monica and Wilshire boulevards.
Source: FOXLA - 🏆 445. / 53 Read more »

Tuesday, Jan. 10, 2023: Cramer eyes these stocks for potential buysJim Cramer and Jeff Marks share why they are looking to lighten up on high-multiple stocks in the portfolio. Jim says it may be time to look to the healthcare sector for potential buys, and names several stocks on his radar.
Source: CNBC - 🏆 12. / 72 Read more »

The Crossword: Tuesday, January 10, 2023“Rosy-fingered” goddess of the dawn: three letters. Too easy
Source: NewYorker - 🏆 90. / 67 Read more »

Play Name Drop, The New Yorker’s Trivia Game: Tuesday, January 10, 2023Can you guess the identity of a notable person—contemporary or historical—in six clues? Jumping Joe Biden the All American 🏈
Source: NewYorker - 🏆 90. / 67 Read more »

2023 NFL Playoffs: Seahawks open as 10-point underdogs against 49ersThe Seattle Seahawks and San Francisco 49ers faced off in Week 2. The Seahawks were alone atop the division at the time, but the 49ers prevailed, 27-7. Seattle’s defense gave up almost as many...
Source: FieldGulls - 🏆 66. / 68 Read more »

PHOTOS: Mexican Rodeo Extravaganza 2023 at the National Western Stock ShowThis year’s annual Mexican Rodeo Extravaganza was performed on Sunday, Jan. 8, 2023, at the National Western Stock Show in Denver.
Source: denverpost - 🏆 13. / 72 Read more »