share_log

Markets Close Higher

Moomoo News ·  Jan 30 21:02

Markets closed higher on a day full of earnings data.

At 4:01 p.m. ET, $Dow Jones Industrial Average (.DJI.US)$ closed up 168 (0.38%). The $S&P 500 Index (.SPX.US)$ traded  31 points (0.53%) higher and the Nasdaq was up 49 (0.25%).

$Comcast (CMCSA.US)$ shares, off 11%, had their worst trading session in more than a decade and a half. This came on disappointing subscriber numbers. For $IBM Corp (IBM.US)$, its shares hit a new intraday record after the company's adjusted earnings exceeded forecasts.

Aside from earnings data impacting the markets, the day started with the fourth-quarter GDP number. Growth was 2.3%, missing expectations.

After the bell, $Apple (AAPL.US)$, $Intel (INTC.US)$ and $Visa (V.US)$ report earnings. On Friday, the December personal consumption expenditures price index report is released.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
8
Comment Comment · Views 4313

Recommended

Write a comment