QUESTION:
Give me a list of market highlights for January
RESPONSE:
Here are some market highlights for January 2025 based on the provided news data:
1. Wall Street Performance: Wall Street pointed higher before the opening bell on the first full trading week of 2025, taking back some of its post-Christmas losses[1][2].
2. Oil Stocks: Big cap oil stocks broke out and hit new highs, with prices in January establishing a new high after breaking above the early July resistance area[3].
3. Consumer Confidence: U.S. consumer confidence dipped again at the start of the year. The board reported a 9.7-point tumble in consumers’ view of current conditions to a reading of 134.3 in January, with views on current labor market conditions also falling for the first time since September[4][5].
4. British Firms Outlook: British firms faced profit warnings and sliding output, with the private sector expecting the downturn in activity to continue through the first quarter of 2025, extending a period of weakness that began in mid-2022[6].
5. Stock Market Trends: The stock market’s performance in January is historically seen as a predictor for the full year’s performance, according to market analysts[7].
6. Labor Market: The first jobs report of 2025 indicated that the labor market cooled slightly in January but remained mostly solid[8].
These highlights provide an overview of significant market trends and events that occurred in January 2025.
References
[1] AP Top Extended Financial Headlines at 8:26 a.m. EST
Wall Street pointed higher before the opening bell on Monday, taking back some of its post-Christmas losses as markets prepare to kick off the first full trading week of 2025
[2] Stock market today: Nvidia and other tech stocks drive Wall Street higher
Wall Street pointed higher before the opening bell on Monday, taking back some of its post-Christmas losses as markets prepare to kick off the first full trading week of 2025.
[3] 4 Big Cap Oil Stocks: Breaking Out And Hitting New Highs [Forbes]
Price in January established a new high after breaking above the early July resistance area. https://www.forbes.com/sites/johnnavin/2025/01/20/4-big-cap-oil-stocks-breaking-out-and-hitting-new-highs
[4] US consumer confidence dips again to start the year, according to business group
The board said that consumers’ view of current conditions tumbled 9.7 points to a reading of 134.3 in January and views on current labor market conditions fell for the first time since September.
[5] US consumer confidence dips again to start the year, according to business group
The board said that consumers’ view of current conditions tumbled 9.7 points to a reading of 134.3 in January and and views on current labor market conditions fell for the first time since September.
[6] British firms have been plagued by profit warnings and sliding output — and many aren’t hopeful for an imminent recovery [CNBC]
“January’s Growth Indicator showed that the private sector expects the downturn in activity to continue through the first quarter of 2025, extending a period of weakness that began in mid-2022,” the CBI said in its report. https://www.cnbc.com/2025/01/28/british-firms-plagued-by-profit-warnings-and-sliding-output-in-2024.html
[7] US stocks rally on Trump’s delayed tariff plan [CNN]
“January’s performance tends to portend, at least historically, the market’s performance for the full year,” Geranen said. https://us.cnn.com/2025/01/21/investing/us-stocks-trump-presidency/index.html
[8] First Jobs Report Of 2025: Labor Market Still Solid [Forbes]
Overall, the job market seems to have cooled just a bit in January but mostly remains solid. https://www.forbes.com/sites/harryholzer/2025/02/07/first-jobs-report-of-2025-labor-market-still-solid
