Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Join Barchart Premier and get trading ideas, historical data, advanced options screeners, more. FREE 30 Day Trial

Stocks | Futures | Watchlist | More
or

Stock Market Overview

Wed, Feb 1st, 2023
Please wait...
Premier Members can get their watchlist or portfolio delivered via email up to 5 times a day. Learn More >>

Stocks Settle Higher on Fed-Friendly U.S. Economic Reports


What you need to know…

The S&P 500 Index ($SPX) (SPY) Tuesday closed up +1.46%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.59%.

Stock indexes on Tuesday shook off overnight losses and moved moderately higher.  An easing of U.S. wage pressures knocked bond yields lower and boosted stocks after Tuesday’s report on the U.S. Q4 employment cost index rose +1.0% q/q, weaker than expectations of +1.1% q/q and the slowest pace of increase in a year.  Also, other U.S. economic reports Tuesday on the Nov S&P CoreLogic composite-20 home price index, the Jan MNI Chicago PMI, and Jan consumer confidence were Fed-friendly and bolstered the case for easier Fed policy.

Expectations are for the FOMC on Wednesday to increase the fed funds target range by 25 bp to 4.50%-4.75%, slowing from last month’s 50 bp rate increase and November’s 75 bp increase.  The markets will also scour Wednesday’s post-FOMC meeting c... Read more

Andrew Tate awaits ruling on appeal of detention in Romania

Andrew Tate has appeared at a court in Bucharest to appeal against a second 30-day extension of his detention

$SPX : 4,076.60 (+1.46%)
$DOWI : 34,086.04 (+1.09%)
$IUXX : 12,101.93 (+1.59%)
FOMC Day

Yesterday the markets veered to the Upside, will we see the same today?

How To Buy General Motors For A 10% Discount, Or Achieve A 16% Return

Yesterday, with General Motors (GM) trading around $39.25, traders could sell a May 19 put option with a strike price of $37. For selling this put, the trader would receive $170 in option premium.

GM : 39.32 (+8.35%)
India to raise spending on job creation ahead of election

Indian Prime Minister Narendra Modi’s government plans to ramp up capital spending by 33% in a $550 billion annual budget designed to spur economic growth and create jobs ahead of a general election...

$SPX : 4,076.60 (+1.46%)
$DOWI : 34,086.04 (+1.09%)
$IUXX : 12,101.93 (+1.59%)
Day of disruption in UK as hundreds of thousands join strike

Up to half a million workers are on strike across the U.K. in what’s shaping up to be the biggest day of industrial action Britain has seen in more than a decade

$SPX : 4,076.60 (+1.46%)
$DOWI : 34,086.04 (+1.09%)
$IUXX : 12,101.93 (+1.59%)
European inflation eases for 3rd month but prices still bite

Europe’s inflation rate has dipped at the start of the year, giving some relief to consumers but still leaving them facing higher prices

$SPX : 4,076.60 (+1.46%)
$DOWI : 34,086.04 (+1.09%)
$IUXX : 12,101.93 (+1.59%)

52 Week New Highs & Lows

Please wait...
No symbols match that criteria.

See More

No symbols match that criteria.

See More

Top 100 Stocks

(Sorted by Daily Weighted Alpha)

Tweets @Barchart

Barchart
@Barchart
Barchart
@Barchart
Barchart
@Barchart
Central banks are purchasing gold at the fastest rate in the last 56 years 👀 https://t.co/vflsFNod82
Barchart
@Barchart
Any active reddit users? Make sure to join our subreddit 👇 https://t.co/2GqEXkiYqB https://t.co/lhvW7Fswe4
Barchart
@Barchart
Is Lumber about to rip higher again? https://t.co/B2RI8mGOOY
Barchart
@Barchart
Lebanon set to devalue its currency by 90% on February 1 https://t.co/tzGU2x4Oj5
Barchart
@Barchart
Expect to pay more for your burgers and steaks over the next few years as U.S. cattle shrinks to its lowest herd since 2014 according to the U.S. Department of Agriculture https://t.co/EnOgwKKU40
Barchart
@Barchart
Short-Selling legend Jim Chanos says there is a risk of a bear market unlike anything he's seen since he began his career on Wall Street https://t.co/HHLu0KZ2w9
Barchart
@Barchart
And with this, the great bull market of 2023 comes to a close. Pack it in folks. https://t.co/SLP1EmeHdJ
Barchart
@Barchart
Barchart
@Barchart
Stocks w/ most active options trading: $TSLA - 2.218M $AMD - 605k $AMZN - 604k $AAPL - 587k $SNAP - 568k $NVDA - 391k $META - 371k $BBBY - 335k $F - 327k $PFE - 302k $AMC - 297k $PLTR - 281k $GM - 240k $SOFI - 236k $LCID - 230k $XOM - 199k $COIN-199k What options did you trade?
Barchart
@Barchart
Sell what though? https://t.co/zNHM2q07sU
Barchart
@Barchart
Barchart
@Barchart
% of Large Cap Stocks Above Their Moving Averages This feels like it has been very green for a long time https://t.co/zPFDOUF3bX
Barchart
@Barchart
CNN Stock Market Fear & Greed Index = 71 (Greed) Almost there!! 🤑💵🚀🥳 https://t.co/ueGk4yLncD
Barchart
@Barchart
Worldwide device shipments to decline 4% in 2023 after declining 12% in 2022, while PC shipments are expected to decline 7% this year after declining 16% last year according to analysis from Gartner. $AAPL $HPQ $DELL $MSFT $GOOG $QCOM https://t.co/0xv9JHAD1O
Barchart
@Barchart
Barchart
@Barchart
Guidance: "Given uncertainties related to the operating environment, we are not providing our expectations for revenue or adjusted EBITDA for the first quarter of 2023." What does the market hate more than anything? Uncertainty.
Barchart
@Barchart
Advanced Micro $AMD trading higher in after hours after reporting Q4 EPS of $0.69 vs. $0.67 S&P Consensus and Revenues of $5.6B vs. $5.52B Consensus. https://t.co/fbOSZxO9vV
Barchart
@Barchart
$SNAP destroyed after another earnings report. Anyone surprised? https://t.co/Q3JZ0D4ZgV
Barchart
@Barchart
Global Fossil Fuel Production https://t.co/wVolWCTTVC
Barchart
@Barchart
Today's Futures Heat Map Strongest: Coffee, Orange Juice, Heating Oil, Sugar Weakest: Cocoa, Soybean Meal, Corn, Milk https://t.co/3HGfobMkiV
Barchart
@Barchart
Stocks Climb As U.S. Labor Costs Ease Related Stocks: $MCD $GM $UPS $PSX https://t.co/Htv4zcCdo8
Barchart
@Barchart
How much will the Fed raise rates at tomorrow’s FOMC meeting?
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar