11 Jan 2023 heatmap

The last few consumer price index prints sparked selloffs in the market, but investors appear optimistic ahead of tomorrow’s numbers — let’s see what you missed today. 👀

Today’s issue covers KB Home earnings, Wells Fargo layoffs, and some good news for coffee lovers. 📰

Check out today’s heat map:

Every sector closed green. Real estate (+3.63%) led, and consumer staples (+0.05%) lagged. 💚

Blackrock is reportedly joining other financial services companies in cutting up to 500 jobs, or 2.5% of its workforce. Investors will be watching closely on Friday as it kicks off earnings season with the rest of America’s largest banks.