EEM - Asia Markets Mixed Europe Dips While Crude Oil Near $75 - Global Markets Today While US Was Sleeping | Benzinga
On January 22nd, U.S. stock markets closed higher, led by the S&P 500 reaching another record high driven by tech sector gains, with investors focused on upcoming corporate earnings for profit forecasts.
In economic data, the U.S. leading index decreased by 0.1% in December, compared to analysts’ predictions of a 0.5% drop.
Archer-Daniels-Midland (NYSE:ADM) experienced the S&P 500’s most significant daily percentage drop, with shares falling 24.2% following the CFO’s administrative leave and a cut in its annual profit forecast.
The Dow Jones Industrial Average gained 0.36%, closing at 38,001.81, the S&P 500 rose 0.22% to 4,850.43, while the ...