Dow, Nasdaq Record Triple-Digit Pops

The Dow and Nasdaq both added triple digits to start this week, as investors consider the possibility that the Federal Reserve will slow down interest rate hikes following months of monetary tightening. The S&P 500 managed to move back above the psychologically significant 4,000 level, ahead of a week jam-packed with major corporate earnings reports.



Earnings January 232023



Oil prices were muted on Monday, with March-dated crude falling 2 cents, or 0.1%, to settle at $81.62 per barrel. This comes after black gold closed last week at its highest level since November, as markets continue to contend with the pending restrictions on Russian crude.

Gold futures closed today's session marginally higher, rising from earlier losses to hold near their April highs. February-dated gold added 40 cents, or 0.02%, to settle at $1,928.60 per ounce. 

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Stock Profit 6 days ago Member's comment

 I am giving the S&P -20% at least for 2023!