The US stocks were mostly higher on Friday, 27 January 2023, with the Dow, the S&P500, and the Nasdaq Composite indexes settling firmly in positive territory, thanks to data showing further ebbing of US inflation and mixed earnings
At the close of trade, the Dow Jones Industrial Average index advanced 28.67 points, or 0.08%, to 33,978.08. The S&P500 index was up 10.13 points, or 0.25%, to 4,070.56. The tech-heavy Nasdaq Composite Index increased by 109.30 points, or 0.95%, to 11,621.71.
For the week, the tech-heavy Nasdaq Composite Index rose 4.32%. The S&P and Dow added 2.47% and 1.81%, respectively.
Total 6 of 11 sectors ended higher along with the S&P500 Index. Consumer discretionary was top performing sector, gaining 2.27%, followed by real estate (up 0.94%), and…
