How major US stock indexes fared Friday 1/13/2023

Jan 13, 2023, 2:22 PM | Updated: 2:24 pm

Stocks closed higher on Wall Street as earnings reporting season got underway and CEOs began to show how well or poorly they’re navigating high inflation and a slowing economy.

The S&P 500 rose 0.4% Friday after erasing an earlier loss. The benchmark index closed out its best week in two months. The Nasdaq and the Dow also rose.

Stocks of several big banks rose following their earnings reports after shaking off morning losses. Tesla fell after cutting prices on its cars.

On Friday:

The S&P 500 rose 15.92 points, or 0.4%, to 3,999.09.

The Dow Jones Industrial Average rose 112.64 points, or 0.3%, to 34,302.61.

The Nasdaq rose 78.05 points, or 0.7%, to 11,079.16.

The Russell 2000 index of smaller companies rose 10.97 points, or 0.6%, to 1,887.03.

For the week:

The S&P 500 is up 104.01 points, or 2.7%.

The Dow is up 672 points, or 2%.

The Nasdaq is up 509.86 points, or 4.8%.

The Russell 2000 is up 94.23 points, or 5.3%.

For the year:

The S&P 500 is up 159.59 points, or 4.2%.

The Dow is up 1,155.36 points, or 3.5%.

The Nasdaq is up 612.67 points, or 5.9%.

The Russell 2000 is up 125.79 points, or 7.1%.

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 This material may not be published, broadcast, rewritten or redistributed.

AP

Heavy machinery moves coal as it is poured onto a stack near Muswellbrook in the Hunter Valley, Aus...
Associated Press

Australia rejects new coal mine on environmental grounds

CANBERRA, Australia (AP) — Australia has for the first time rejected a coal mining application based on environmental law. The government is under pressure to curb climate change by blocking all new coal and gas extraction projects. Australia is one of the world’s largest exporters of both fossil fuels, which are major sources of the […]
2 hours ago
Raqiya Abdsalam, who survived a bout of dengue fever, sits at her home in El-Obeid, Sudan on Januar...
Associated Press

Sudan’s tropical disease spike reflects poor health system

EL OBEID, Sudan (AP) — The two Sudanese women thought they had malaria and were taking their medication, but things took a dire turn. Both complained of a splitting headache and fever that didn’t respond to the anti-malaria treatment. By the time she was diagnosed with dengue fever, Raqiya Abdsalam was unconscious. “Soon after they […]
2 hours ago
FILE - Philippine President Ferdinand Marcos Jr. gestures during his speech at the 2022 Department ...
Associated Press

Japan, Philippines to sign plans to boost defense ties

TOKYO (AP) — Japan’s Prime Minister Fumio Kishida and Philippine President Ferdinand Marcos Jr. are expected to sign key agreements to boost their defense ties Thursday as Asia sees tensions around China’s growing influence. Marcos is visiting Japan soon after he and U.S. Secretary of Defense Lloyd Austin reached agreements on allowing the United States […]
1 day ago
A person walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securiti...
Associated Press

Asian shares mixed after Wall St falls on rate hike worries

BANGKOK (AP) — Shares were mixed Thursday in Asia after Wall Street gave back some of its recent gains on persisting uncertainty over interest rates and inflation. Benchmarks declined in Tokyo, Seoul and Sydney but rose in Hong Kong and Shanghai. U.S. futures were higher while oil prices edged up. Wall Street retreated Wednesday following […]
1 day ago
FILE - The company logo highlights the grille of a 2021 Tacoma pickup truck on display in the Toyot...
Associated Press

Toyota reports 8% drop in Oct-Dec profit, keeps forecast

TOKYO (AP) — Toyota reported an 8.1% drop in fiscal third quarter profit Thursday, as a global shortage of computer chips and soaring raw material costs battering the auto industry hit Japan’s top automaker. Toyota Motor Corp.’s October-December profit totaled 727.9 billion yen ($5.6 billion), down from 791.7 billion yen the previous year. The company […]
1 day ago
FILE - Pennsylvania Lt. Gov. John Fetterman takes the stage at an election night party in Pittsburg...
Associated Press

Sen. John Fetterman hospitalized after feeling lightheaded

WASHINGTON (AP) — U.S. Sen. John Fetterman, the Pennsylvania Democrat who suffered a stroke during his campaign last year, was hospitalized Wednesday night after feeling lightheaded while attending a Senate Democratic retreat, his office said. Initial tests at George Washington University Hospital did not show evidence of a new stroke, Fetterman’s communications director, Joe Calvello, […]
1 day ago

Sponsored Articles

...
Day & Night Air Conditioning, Heating and Plumbing

Company looking for oldest air conditioner and wants to reward homeowner with new one

Does your air conditioner make weird noises or a burning smell when it starts? If so, you may be due for an AC unit replacement.
(Pexels Photo)...

Sports gambling can be fun for adults, but it’s a dangerous game for children

While adults may find that sports gambling is a way to enhance the experience with more than just fandom on the line, it can be a dangerous proposition if children get involved in the activity.
...
Children’s Cancer Network

Children’s Cancer Network celebrates cancer-fighting superheroes, raises funds during September’s Childhood Cancer Awareness Month

Jace Hyduchak was like most other kids in his kindergarten class: He loved to play basketball, dress up like his favorite superheroes and jump as high as his pint-sized body would take him on his backyard trampoline.
How major US stock indexes fared Friday 1/13/2023