Stock markets rebounded positively with gains in Dow, S&P 500, and Nasdaq

From Nasdaq: 2025-01-28 18:03:00

Stock markets saw a positive rebound on Tuesday, with the Dow closing up +0.31% and the S&P 500 and Nasdaq showing gains of +0.92% and +2.03%, respectively. Case-Shiller Home Prices for November rose +4.3% year over year, marking the 22nd consecutive month of housing price growth.

Consumer confidence dipped in January to 104.1, below the estimated 106.0, reflecting uncertainty in the economic outlook. Starbucks reported earnings of 69 cents per share, surpassing expectations, while F5 and Qorvo also posted strong results, boosting shares in after-hours trading.

Tomorrow’s focus shifts to Microsoft and Tesla earnings reports, along with the Federal Open Market Committee meeting on monetary policy. Expectations are for rates to remain unchanged, but market watchers will closely monitor Fed Chair Jerome Powell’s statements for insight. Five stocks are highlighted as potential strong performers in 2024, with opportunities for significant growth.



Read more at Nasdaq: Markets Stage Shallow Rebound from Monday Sell-off