Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Wall Street climbs as markets assess corporate results

Economies.com
2023-01-20 15:43PM UTC

US stock indices rose on Friday as markets focus on latest corporate quarterly results. 

 

Netflix reported its quarterly results yesterday, while Alphabet announced plans to lay off thousands of employees to cut costs. 

 

Experts believe such decisions by major tech companies like Google, Meta, Twitter, and Microsoft to lay off thousands of workers reflect concerns about a potential recession.

 

Dow Jones rose 0.1%, or 40 points to 33,083 as of 15:41 GMT, while S&P 500 rose 0.5%, or 20 points to 3,919, as NASDAQ climbed 1%, or 110 points to 10,962. 

American Markets News

Americas News

Markets

NASDAQ hits new record high after inflation data
2025-07-15 15:46PM UTC
Most US stock indices rose during Tuesday’s trading following the release of inflation data ...
Americas News

Markets

Wall Street inches up amid Trump's trade threats
2025-07-14 15:39PM UTC
U.S. stock indices rose slightly on Monday after a weak opening, as markets digested ongoing trade ...
Americas News

Markets

Wall Street loses ground amid mounting tariff war
2025-07-11 15:29PM UTC
U.S. stock indices declined during Friday trading as the global trade war between the United States ...