How major US stock indexes fared Tuesday 1/10/2023

Jan 10, 2023, 2:27 PM | Updated: 2:32 pm

Stocks closed higher on Wall Street but remain largely stuck in a holding pattern ahead of potentially market-moving reports scheduled for later in the week.

The S&P 500 rose 0.7% Tuesday after flipping between gains and losses. The Nasdaq and the Dow also rose.

The next big marker for the market is likely Thursday’s update on how bad inflation was last month. A worse-than-expected reading could dash hopes on Wall Street that the Federal Reserve may stop its hikes to interest rates soon and perhaps even cut rates by the end of the year. Earnings reporting season kicks off Friday.

On Tuesday:

The S&P 500 rose 27.16 points, or 0.7%, to 3,919.25.

The Dow Jones Industrial Average rose 186.45 points, or 0.6%, to 33,704.10.

The Nasdaq rose 106.98 points, or 1%, to 10,742.63.

The Russell 2000 index of smaller companies rose 26.74 points, or 1.5%, to 1,822.65.

For the week:

The S&P 500 is up 24.17 points, or 0.6%.

The Dow is up 73.49 points, or 0.2%.

The Nasdaq is up 173.34 points, or 1.6%.

The Russell 2000 is up 29.85 points, or 1.7%.

For the year:

The S&P 500 is up 79.75 points, or 2.1%.

The Dow is up 556.85 points, or 1.7%.

The Nasdaq is up 276.15 points, or 2.6%.

The Russell 2000 is up 61.41 points, or 3.5%.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Elon Musk leave the Phillip Burton Federal Building and United States Court House in San Francisco,...
Associated Press

Elon Musk’s Tesla tweet trial delves into investor damages

SAN FRANCISCO (AP) — An Elon Musk tweet declaring he had the financing to take Tesla private in 2018 caused billions of dollars in investor damages after the deal collapsed, according to estimates presented Tuesday at a trial examining the haphazard handling of the buyout proposal. The mind-bending estimates laid out by two experts hired […]
17 hours ago
Associated Press

Reports say 2022 was good for Nevada casinos, Vegas tourism

LAS VEGAS (AP) — The year 2022 was good for gambling and tourism in Nevada, where winnings at casinos statewide set calendar year records and Las Vegas visitor tallies nearly reached levels before the coronavirus pandemic. “Las Vegas enjoyed a robust recovery trajectory across core tourism indicators in 2022,” the regional Convention and Visitors Authority […]
17 hours ago
Elliot Morehead, 16 of Sioux Falls, tells a House Health and Human Services committee Tuesday, Jan....
Associated Press

S. Dakota lawmakers push bill to bar transgender youth care

PIERRE, S.D. (AP) — A state House committee voted Tuesday to advance a bill that would ban gender-affirming care for transgender youth in South Dakota. Supporters argued a bill barring youth from accessing puberty blockers, hormones and surgery would protect adolescents from irreversible damage, while opponents argued it only blocks them from becoming their authentic […]
17 hours ago
FILE - Dozens of tribe members and other protesters beating drums and waving signs rally in front o...
Associated Press

GM conditionally OKs $650M Nevada lithium mine investment

RENO, Nev. (AP) — General Motors Co. has conditionally agreed to invest $650 million in Lithium Americas Corp. in a deal that will give GM exclusive access to the first phase of a mine planned near the Nevada-Oregon line with the largest known source of lithium in the U.S. The equity investment the companies announced […]
17 hours ago
FILE - Travelers wade through the line to drop off bags at the Southwest Airlines check-in counter ...
Associated Press

Lawmakers aim to raise penalties for US airline disruptions

Senators who want to impose tougher penalties when U.S. airlines strand or delay passengers say they finally might be able to turn their ideas into law because of outrage over debacles like the one at Southwest Airlines in December. Democrats Richard Blumenthal of Connecticut and Edward Markey of Massachusetts said Tuesday they will again offer […]
17 hours ago
FILE - President Joe Biden, right, at the top of a meeting with congressional leaders to discuss le...
Associated Press

Biden, McCarthy, once breakfast mates, wrangle over US debt

WASHINGTON (AP) — Not so long ago, Joe Biden and Republican leader Kevin McCarthy used to talk things over at breakfast in Biden’s vice presidential home at the Naval Observatory. Biden was intent in those days on “keeping up relations with the opposition party,” as he writes in his memoir, and the new House majority […]
17 hours ago

Sponsored Articles

...
Fiesta Bowl Foundation

Celebrate 50 years of Vrbo Fiesta Bowl Parade magic!

Since its first production in the early 1970s, the Vrbo Fiesta Bowl Parade presented by Lerner & Rowe has been a staple of Valley traditions, bringing family fun and excitement to downtown Phoenix.
...
Day & Night Air Conditioning, Heating and Plumbing

Prep the plumbing in your home just in time for the holidays

With the holidays approaching, it's important to know when your home is in need of heating and plumbing updates before more guests start to come around.
...
Quantum Fiber

Stream 4K and more with powerful, high-speed fiber internet

Picking which streaming services to subscribe to are difficult choices, and there is no room for internet that cannot handle increased demands.
How major US stock indexes fared Tuesday 1/10/2023