A day after the S&P index closed at a new record level, a new intraday high was made at 6128.18, but momentum could not be sustained in the price closed lower on the day. The NASDAQ, Dow industrial average and Russell 2000 also closed lower. A snapshot of the close shows:
Dow industrial average -140.82 points or -0.32% at 44,424.25S&P index -17.47 points -0.29% at 6100 124.NASDAQ index -99.38 points -0.50% at 19,954.30.Russell 2000-6.85 points or -0.30% at 2307.73.For the trading week, the major indices closed higher for the 2nd consecutive week:
Next week earnings from some of the Magnificent Seven will be reported:
January 29 Tesla, Microsoft and MetaJanuary 30 AppleAlphabet will release their earnings on Tuesday, February 4 and Amazon on Thursday, February 6. Nvidia release until Wednesday, February 26.
A look at the other key earnings scheduled for next week:
Monday, January 27
SofiAT&TTuesday, January 28
BoeingGMLockheed MartinStarbucksSAPStrykerWednesday, January 29
ProgressiveT-MobileADPGeneral DynamicsTeslaMetaMicrosoftIBMLam ResearchServiceNowThursday January 30
UPSMastercardDowNokiaSouthweatCaterpillarComcastAppleIntelVisaFriday, January 31
ExxonMobileChevronColgate-PalmolivePhillips 66 This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Down day for US stocks to end the trading week )
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