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US indices post their best January month since the 80's

  • Regular
  • US Market
  • 2 months ago
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U.S. indices were mostly up as the Fed announced a more positive stance regarding rising interest rates.

The DJIA fell off the pace by 0.9%, however the S&P 500 and the Nasdaq both gained 0.9% and 1.4% respectively and with both posting their best January months.

The S&P 500 rose by 7.9% in January making it the best since 1987, the Nasdaq gained a total 9.7% making it its best January since 2001 and the Dow advanced by 7.2% posting the best January results since 1989.

 

 

Source: Smart Trend Team