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The Closing Bell: S&P 500 Has Best January since 1987, On The Back Of Strong Earnings
FYI: U.S. stocks flipped between small gains and losses on the final day of January as investors continued to weigh global trade tensions and corporate earnings.
The Dow Jones Industrial Average fell 5 points, or 0.2%, to 25008. The S&P 500 rose 0.88%, while the Nasdaq Composite climbed 1.37%. All three major indexes are up at least 7% this month. Entering Thursday’s session, the Dow and S&P 500 were on course for their largest monthly advances since October 2015 and strongest January performances since 1989.
Eight of the eleven S&P 500 Sectors, led by Communication Services finished in positive territory. Regards, Ted