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 😉
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Breakingviews - New Spotify release gives bull-market vibesJust when it seemed like technology investors were done with “growth at all costs”, Spotify Technology has sent investors into a retro spin. The Swedish music-streaming company led by Daniel Ek on Tuesday said it ended 2022 with 205 million paid subscribers, a 14% year-on-year increase. The New York-listed company also added 33 million monthly active users, which made the fourth quarter of 2022 its best ever for user growth. The shares leapt almost 10%, boosting Spotify’s market capitalisation to roughly $21 billion. Because they haven't invested in anything for a long time. Their app interface is still horrible
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

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
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »