Good evening.
Markets climb, Fed decision day is tomorrow, and tech stocks just had their best January in over 20 years.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks climbed on Tuesday, the last trading day of January.
The stock market has had a stellar start to 2023. The tech-focused Nasdaq climbed 10.7% this month, its best January since 2001:
The main focus for investors this week is the Fed's policy meeting on Wednesday. The central bank is expected to raise rates by 0.25%.
A big week in tech earnings. Tech giants Apple, Amazon, Meta, and Alphabet report earnings this week, giving investors insight into the health of the economy.
The crypto market climbed on Tuesday. Bitcoin is up nearly 40% in 2023, making it the best-performing asset this year.
Catch Up
Billionaire Gautam Adani, the richest man in India, is being accused of running the "largest con in corporate history."
Elon Musk says he's worried about the Fed "crushing" the value of the stock market.
ChatGPT, the AI chatbot created by OpenAI, recently passed the U.S. Medical Licensing Exam.
What Else?
