20 Jan 2015
US stocks bounce to close with small gains
FXStreet (San Francisco) - The US stocks market rebounded from the lows of the day before closing with small gains on Tuesday as investors were focused on the ECB meeting on policy and rate decision on Thursday.
Market is also concerned about China GDP and the cut on global growth forecast by the IMF. Beware of the US president Barack Obama speech on the State of the Union.
The Nasdaq, with 0.44% gains to 4,654.85, and the S&P, +0.15% to 2,022.55, closed positive while the Dow close just above break event at 17,515.23.
Small caps in the figure of the Russell 200 declined 0.54% to 1,170.25.
Most sectors finished Tuesday up for the day. Industrials (+0.80%), Telecomm (+0.64%) and Technology (+0.38%) were the leaders; while Energy (-0.52%), Consumer discretionary (-0.21%) and Financials (-0.09%) were the laggards.
After hours, IBM $IBM and Netflix $NFLX beat earnings expectations while Interactive Brokers $IBKR published a mixed reports.
On related markets, Oil WTI closed down to $46.64; while the Gold climbed to close above the critical 1,292.00 level at 1,292.45.
Market is also concerned about China GDP and the cut on global growth forecast by the IMF. Beware of the US president Barack Obama speech on the State of the Union.
The Nasdaq, with 0.44% gains to 4,654.85, and the S&P, +0.15% to 2,022.55, closed positive while the Dow close just above break event at 17,515.23.
Small caps in the figure of the Russell 200 declined 0.54% to 1,170.25.
Most sectors finished Tuesday up for the day. Industrials (+0.80%), Telecomm (+0.64%) and Technology (+0.38%) were the leaders; while Energy (-0.52%), Consumer discretionary (-0.21%) and Financials (-0.09%) were the laggards.
After hours, IBM $IBM and Netflix $NFLX beat earnings expectations while Interactive Brokers $IBKR published a mixed reports.
On related markets, Oil WTI closed down to $46.64; while the Gold climbed to close above the critical 1,292.00 level at 1,292.45.