Nasdaq Extends Win Streak; Dow Snaps Run Higher

Oil prices moved higher amid Middle East tensions

Deputy Editor
Jan 9, 2024 at 4:24 PM
facebook X logo linkedin


Wall Street closed Tuesday mixed after paring some losses from a steep midday dip. The tech-heavy Nasdaq logged its third-straight win, while the S&P 500 closed just below breakeven, and the Dow snapped a three-day win streak. Looking ahead, traders have a deluge of inflation data to unpack, as well as earnings from major financial names.

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

  • Don't sweat this sports apparel stock's pullback.
  • What to expect from this airliner's earnings.
  • Plus, video game software developer cutting jobs; a surging cybersecurity stock; and NFLX's bear note.

closing summary jan9

nyse nasdaq jan9

5 Things to Know Today

    1. Embattled blue-chip aircraft manufacturer Boeing (BA) hit its delivery goals and inked a 70% rise in annual net orders last year. (CNBC)
    2. The Federal Reserve is going to let an emergency loan program that was launched to help the banking system following Silicon Valley Bank's collapse expire on March 11. (MarketWatch)
    3. Unity Software plans on slashing a quarter of its workforce.
    4. What pushed CrowdStrike stock to two-year highs.
    5. Streaming giant dinged by downgrade.

    There were no earnings of note today.

    UVOL Jan9

    Oil Futures Rise Amid Middle East Tensions, Red Sea Disruptions

    Oil futures rose alongside stateside stocks, as investors evaluated tensions in the Middle East and disruptions in the Red Sea. For the session, West Texas Intermediate (WTI) crude for February delivery added $1.47, or 2%, to finish at $72.24 per barrel.

    Gold futures took a tiny step backwards as investors awaited the clues that this week's inflation data could give regarding the Fed's policy path. For the session, February-dated gold futures erased 50 cents to settle at $2,033 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 C3.ai calls
    238.5% GAIN on Oracle calls

     
     
     


     
     

    Rainmaker Ads CGI