On January 30, 2023, reporters reported that the New York Dow Jones Stock Exchange closed higher on Friday (January 27) as investors reacted to economic data releases that indicated slowing inflation. Including reporting better than expected fourth quarter earnings from listed companies Additionally, investors will be keeping an eye on the Federal Reserve’s monetary policy meeting next week.
The Dow Jones Industrial Average closed at 33,978.08 points, an increase of 28.67 points or +0.08%, the S&P500 index closed at 4,070.56 points, an increase of 10.13 points or +0.25%, and the Nasdaq index closed at 11,621, an increase of 11,621. 109.30 points or +0.95%.
