1 February 2023
The Dow Jones index rallied 368 points/1.1% as investors assessed economic data and earnings report ahead of a run of FOMC Meeting announcements, closing January with a total gain of 2%. US Consumer Confidence fell to a reading of 107.1 (vs. forecast & previous: 109), signaling consumers grew less upbeat about job prospects and expected business conditions to softer in the near term as inflation expectations for the next 12 months climbed to 6.8% from 6.6 last month.





