kaidi2022
38 min ago
Stocks Are Closing Out a Strong Month With Gains. What the January Effect Tells Us.
The Dow was navigating a choppy trading session on Friday as the blue-chip index looked to close out its best first month of the year since 2019.
The Dow was up 20 points but bouncing around in Friday morning trading. The S&P is up 0.7%, while the Nasdaq Composite is up 1.3%.
The Dow is up about 5.7% this month, on track for its best January since 2019, according to Dow Jones Market Data. The S&P 500 is up 3.6%, which would be its best January since 2023.