US stocks bounce on strong data, earnings | Malay Mail

📆 28-1-2022 01:12:00
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NEW YORK, Jan 27 — Wall Street stocks rose early today as good US economic data and solid earnings offset lingering unease over the pivot in Federal Reserve monetary policy. The US economy grew at a better-than-expected 6.9 per cent in the fourth quarter, according to government data, concluding...

NEW YORK, Jan 27 — Wall Street stocks rose early today as good US economic data and solid earnings offset lingering unease over the pivot in Federal Reserve monetary policy.

Analysts have also been broadly pleased with the deluge of corporate earnings this week, with several leading companies scoring higher profits despite ongoing pressures connected to Covid-19.

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