These 20 stocks led the January rally

Investors have staged a January rally, with solid gains for the S&P 500 and an even better showing for technology stocks that led the dismal downward action in 2022.

The Federal Open Market Committee meets today and Wednesday, after which Federal Reserve Chairman Jerome Powell will hold a press conference to discuss monetary policy. Here’s what to expect. The top two sectors so far this year are last year’s two weakest performers — Consumer Discretionary and Communications Services. In case this is a surprise, keep in mind that a tech stock might not be in the information technology sector, as defined by S&P Dow Jones Indices.

Best-performing stocks among the S&P 500 Here are the 20 stocks in the benchmark index that were up the most for 2023 through 11 a.m. ET on Jan. 31:Read: Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.

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Morgan Stanley’s Mike Wilson warns the stock market’s January rally could end this weekA surprisingly good start for the U.S. stock market in 2023 is likely to fade this week as the Federal Reserve is set to announce its eighth consecutive rate... The Crystal ball is out again 😉
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Stock market news today: Nasdaq heads for big January gainStocks edge higher as investors wrap up strong January ahead of Fed decision and high-profile earnings
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