February 4, 2023

Hardwood Paroxysm

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Wall Street, performance in session January 13, 2023

Major US stock indices Recorded fractional increments In the last session of the week.

The Dow Jones rose 0.33% to 34,303 points, while the S&P500 rose 0.4%, to 3,999 points. Plus sign also for the Nasdaq (+0.71% to 11079 points).

Bad day for Tesla (-0.94% to $122.4). According to reports from some press agencies, the auto giant was set to announce its intention to lower the prices of the Model 3 and Y cars in the United States.

Spotlight also on bank stocks, on a busy day of quarterly reports from the US financial giants. Strong swings on Bank of America (+2.2% to $35.23, after hitting an intraday low of $33.09) and JPMorgan Chase (+2.52% to $143.01, from an intraday low of $134.8), after the data Quarterly, results were better than analysts’ expectations.

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