Dow Adds 104 Points as Nasdaq, S&P 500 Settle Lower

The blue-chip index brushed off the NYSE's technical glitch

Digital Content Manager
Jan 24, 2023 at 4:27 PM
facebook X logo linkedin

The Dow added 104 points on Tuesday, brushing off disappointing guidance from 3M (MMM) and a New York Stock Exchange (NYSE) technical glitch that impacted several blue chips. The S&P 500 closed slightly below breakeven despite struggling for direction for most of the session, while the Nasdaq settled firmly lower, with Microsoft (MSFT) set to report earnings after the bell.

In addition to monitoring the earnings season, traders also unpacked S&P Global flash readings that pointed to contracting manufacturing and services activity in January, though both indexes rose on a monthly basis.

Continue reading for more on today's market, including:

  • Checking in with American Airlines stock.
  • This rideshare stock scored a fresh upgrade.
  • Plus, unpacking Lockheed Martin's earnings beat; retail stock downgraded; bearish signal flashing for ZS.

Closing Index Summary January 242023

 NYSE and Nasdaq Stats January 242023

5 Things to Know Today 

  1. The Department of Justice (DOJ) filed a second antitrust lawsuit against Alphabet (GOOGL) in just over two years, targeting its online advertising business. (CNBC)
  2. Germany will reportedly send Leopard 2 tanks to Ukraine to help fight Russia's invasion, while the United States could soon supply Abrams tanks. (Reuters
  3. Quarterly win boosted Lockheed Martin stock.
  4. Analysts warns of impending reset for retail name.
  5. Here's why Zscaler stock could tumble once again.

Earnings January 242023

Unusual Options Activity January 242023

Gold, Oil Prices Moving in Opposite Directions

Oil prices settled sharply lower on Tuesday, following the latest manufacturing and service sectors pointed to contraction, as well as a round of disappointing earnings reports. March-dated crude dropped $1.49, or 1.8%, to settle at $80.13 per barrel.

Meanwhile, gold prices scored a fourth consecutive gain to settle at their highest level since April. Recession fears and the prospect of a less hawkish Federal Reserve also boosted the safe-haven metal. February-dated gold rose $6.80, or roughly 0.4%, to settle at $1,935.40 per ounce.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI