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Wall Street rises as Fed rate move nears, earnings ramp up

Por: Associated Press Tech January 23, 2023

Stocks are rising Monday, as Wall Street grows more convinced the Federal Reserve is set to turn the screws on the economy less aggressively and as earnings reporting season ramps up. The wave of buying lost some momentum toward the afternoon. Even so, the S&P 500 was 0.9% higher, led by tech companies in a widespread rally. The Dow Jones Industrial Average was up 162 points, or 0.5%, at 33,536, as of 2:56 p.m. Eastern time, and the Nasdaq... + full article



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