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 Germany 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 Germany Sun.
More InformationBRUSSELS, Belgium: To address power shortages at electric vehicle (EV) charging stations, last week, the European Commission announced plans to ...
New Delhi [India], December 7 (ANI): India's expanding consumer market and vast labour force can make it an alternative destination ...
European Union leaders are in Beijing Thursday for a summit with Chinese President Xi Jinping and other Chinese leaders.Ahead of ...
Beijing's clarification of its stance on commerce with the European Commission comes after the bloc warned of a "growing trade ...
budapest, hungary - Ukrainian President Volodymyr Zelenskyy's chief of staff on Wednesday said he wanted to arrange a meeting between ...
© Provided by Xinhua BEIJING, Dec. 7 (Xinhua) -- China's total goods imports and exports expanded 1.2 percent year on ...
BRUSSELS, Belgium: To address power shortages at electric vehicle (EV) charging stations, last week, the European Commission announced plans to ...
The U.S. has supplied Israel with scores of BLU-109 bunker-buster bombs since October 7, the Wall Street Journal has reported, ...
HELSINKI, Finland: After Finland joined the North Atlantic Treaty Organization (NATO) earlier this year, hundreds of migrants from the Middle ...
Moscow [Russia], December 7 (ANI): The Russian Federation Council unanimously agreed to officially designate March 17, 2024, as the date ...
Athens, Greece - Turkish President Recep Tayyip Erdogan travels to Athens on Thursday in a keenly watched visit billed as ...
A Russian drone attack killed one person and damaged port infrastructure in Ukraine's Odesa region, the regional governor said Thursday.Oleh ...