January 17, 2025 at 09:17PM
The major US stock indices are closing higher for the day and for the week. The week gain, is the first for the new trading year for the broader indices.
For the day:
Dow industrial average rose 334.70 points or 0.78% at 43487.83
S&P index rose 59.32 points or 1.00% at 5996.66
NASDAQ index rose 291.91 points or 1.51% at 19630.20
Russell 2000 rose 9.08 points or 0.40% at 2275.88
For the trading week:
Dow industrial average rose 3.69%.
S&P index rose 2.91%
NASDAQ index rose 2.45%
For the new trading year, the major indices are also positive:
Dow industrial average up 2.22%
S&P index up 1.96%
NASDAQ index up 1.65%
Next week, the earnings calendar starts to heat up:
Tuesday:
Charles Schwab
3M
DR Horton
Netflix
United Airlines
Seagate
Wednesday
P&G
Abbott
Johnson & Johnson
Halliburton
Alcoa
Discover
Thursday
American Airlines
Freeport-McMoran
Texas Instruments
intuitive surgical
CSX
Friday
Verizon
American Express
This article was written by Greg Michalowski at www.forexlive.com.