Tech-heavy Nasdaq climbs sharply, U.S. stocks rise as investors parse inflation data ahead of Fed meeting next week
Written by Black Hot Fire Network on January 27, 2023
By Christine Idzelis and Joseph Adinolfi
Nasdaq is seeing its strongest start to a year since 2000
U.S. stock-market gains were accelerating Friday afternoon, with the technology-heavy Nasdaq Composite leading the way up, as investors assessed fresh data on inflation and the economy as well as companies' fourth-quarter earnings reports.