Markets fluctuated in January 2024, ending with modest gains for NASDAQ and declines in China’s markets. Crude Oil and Copper resisted the downtrend. The S&P 100 excelled, while the Russell 2000 struggled. Investors appear to be shifting focus, favoring less risky assets as central banks maintain a tight monetary stance. Despite mixed earnings reports, with some notable sell-offs, the markets are now eyeing major tech and energy firms’ upcoming financial disclosures. The S&P/TSX Composite Index hints at a rebound, particularly in Financials and Energy.
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