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 Belfast Bulletin 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 Belfast Bulletin.
More InformationDUBLIN, Ireland: Dublin Airport was briefly shut down on Friday after a drone was discovered flying within its airspace.Officials diverted ...
LONDON, England: Flybe, a British regional airline, abruptly closed operations on January 28. The airline offered flight to Belfast, Birmingham ...
New Delhi [India], February 4 (ANI): Ministry of Home Affairs (MHA) has sought nominations from all police forces across the ...
Patrick Reed is asking golf fans to move past a rules hullabaloo from last weekend's Dubai Desert Classic that he ...
© Provided by Xinhua Iain Begg described Brexit's effect on the British economy as "incremental, small, bit by bit, drip ...
DUBAI, 30th January, 2023 (WAM) -- Rory McIlroy won his first Rolex Series title with a third victory at the ...
WASHINGTON D.C.: The Biden administration said this week that it will end US COVID-19 emergency declarations on 11th May, nearly ...
WASHINGTON D.C.: In a letter to lawmakers last week, the US Federal Aviation Administration (FAA) said it had put in ...
WASHINGTON D.C.: The Biden administration has stopped issuing export licenses to US companies seeking to ship most items to China's ...
Nearly a year in, the war in Ukraine has cost tens of thousands of lives and brought the world to ...
WASHINGTON D.C.: The US House of Representatives has passed a bill that limits the ability of US Energy Secretary Jennifer ...
BOSTON, Massachusetts: Russian businessman Vladislav Klyushin, who has ties to the Kremlin, has been accused of making tens of millions ...