Lola Evans
25 Jan 2023, 07:10 GMT+10
NEW YORK, New York - Stocks in the United States were mixed on Tuesday after an interesting day which saw 80 NYSE-listed stocks disrupted due to a technical glitch.
"It looks like NYSE got on it real early," Joseph Sroka, chief investment officer at NovaPoint in Atlanta, Georgia told Reuters news agency Tuesday. "Now they're trying to determine what opening trade prices were."
"Everyone involved in trade settlements is going to have a long day today."
The glitch aside, investors focused on earnings and expected actions by the Federal Reserve.
"Earnings don't make a bull or bear case for the market yet, but there's an anxiousness among investors to be long when the Fed is done raising rates," Sroka said. "We're hitting a ramp in the earnings cycle, and by next week we'll have a lot more information on the direction of the market."
The Dow Jones made a decent gain while the Standard and Poor's 500 and Nasdaq Composite slipped.
The Dow at the finish Tuesday was ahead 104.40 points or 0.31 percent at 33,733.96.
The Nasdaq Composite dipped 30.14 points or 0.27 percent to 11,334.27.
The Standard and Poor's 500 edged down 2.87 points or 0.07 percent to 4,016.94.
The U.S. dollar lost ground against the major currencies with the exception of the British pound. The euro climbed to 1.0885 by the U.S. close Tuesday. The Japanese yen shot up to 130.15. The Swiss franc was only slightly higher at 0.9225.
The Canadian dollar was little changed at 1.3365. The Australian and New Zealand dollars extended their recent rallies to last trade at 0.7046 and 0.6504 respectively.
Overseas, the FTSE 100 in London traded down 0.35 percent. The German Dax dropped 0-.07 percent, while the Paris-based CAC 40 edged up 0.26 percent.
In Japan, the Nikkei 225 advanced 1.46 percent. The Hang Seng in Hong Kong did better, adding a hefty 1.82 percent.
The Shanghai Composite in China rose 0.76 percent.
The Australian All Ordinaries gained 0.47 percent. In Singapore, the Straits Times Index rose 0.45 percent.
Indonesia's Jakarta Composite dipped 0.20 percent. In New Zealand, the S&P/NZX 50 declined 0.13 percent.
The South Korean Kospi Composite climbed 0.63 percent.
Get a daily dose of Denmark Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Denmark Sun.
More InformationDUBLIN, Ireland: Tanaiste Micheal Martin has said that Ireland cannot send arms to Ukraine because of the small size of ...
TOKYO, Japan: The Yomiuri newspaper has reported that Japanese Prime Minister Fumio Kishida is planning to visit Kyiv in February ...
DUBLIN, Ireland: Ireland reported a higher budget surplus than any other country among the 27-member European Union for the third ...
LONDON, England: As part of a new scheme called the Demand Flexibility Service, Britain's National Grid said customers would receive ...
NEW YORK CITY, New York: Fitch Ratings has announced that Ireland's Long-Term Default Rating has reached 'AA-' with a Stable ...
BRUSSELS, Belgium: European Commissioner Thierry Breton has told Shou Zi Chew, CEO of Chinese social media giant TikTok, that his ...
BRUSSELS, Belgium: European Commissioner Thierry Breton has told Shou Zi Chew, CEO of Chinese social media giant TikTok, that his ...
Moscow was not behind the undersea "sabotage" in September 2022, Matthias Warnig believesRussia is unlikely to be behind an attack ...
European Union migration ministers are meeting in Stockholm to review migration policies, especially on returning migrants with no right to ...
Poland allegedly gave Ukraine several MiG-29 planes under the guise of spare partsIn spring 2022, Warsaw secretly delivered several of ...
Mumbai (Maharashtra) [India], January 26 (ANI): Makers of the upcoming family entertainer film 'Mrs Chatterjee vs Norway' announced the new ...
After decades of declining real wages and deteriorating working conditions, strike activity has spiked over the last year, particularly in ...