Market Recap: Stocks Rally, but the Economy is Deteriorating
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The stock market has come to a close for today (January 20, 2023), with the S&P 500 rallying 1.89%. In addition, the Nasdaq 100 increased by 2.86%. In the U.S., the most important piece of economic data came in the form of the Existing Home Sales report.
Market Recap: Stocks Rally, but the Economy is Deteriorating
Market Recap: Stocks Rally, but the Economy…
Market Recap: Stocks Rally, but the Economy is Deteriorating
The stock market has come to a close for today (January 20, 2023), with the S&P 500 rallying 1.89%. In addition, the Nasdaq 100 increased by 2.86%. In the U.S., the most important piece of economic data came in the form of the Existing Home Sales report.