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Thursday, January 19, 2023
Today’s publication is by Jared Blikre, a reporter centered on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and extra market information on the go along with the Yahoo Finance App.
Despite Wednesday’s losses within the main U.S. indexes, shares are flying out of the gate in 2023.
The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) are having their greatest begin to a 12 months since 2019.
And in having fun with these beneficial properties within the new 12 months, shares are diverging from the tendencies that emerged within the second half of 2022. A transfer that has essential implications for traders.
Start with the most important loser of the day, the Dow Jones Industrial Average (^DJI), which was down 1.81%, or 614 factors, on Wednesday, its worst exhibiting in over a month. As of late December, the Dow had outperformed the Nasdaq by 20 proportion factors — the…
2023-01-19 05:23:49 The 2023 funding narrative is already diverging from 2022
Original from finance.yahoo.com