Dow closes 550 pts higher with earnings in spotlight

Friday, 28. January 2022 22:00

Wall Street closed the last day of the week on a high note after yet another unstable session, with Visa and Apple among the best-performing stocks at all main indexes after reporting their respective earnings yesterday. In addition, the West-Russia rhetoric about Ukraine seemingly weakened, presumably helping lift market sentiment.

The Dow Jones Industrial Average index was up 1.65%, or 565 points and the S&P 500 grew 2.43% at the end of the trading session with Visa pulling both indexes up after soaring 10.60%. The Nasdaq 100 closed with a 3.22% gain as Atlassian Corp jumped 9.72%.

The euro was 0.06% higher compared to the dollar to change hands for 1.11492 at 3:59 pm ET.

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