HeatMap Thursday 2nd Feb 2023 - tech earnings disappoint

HeatMap Thursday 2nd Feb 2023 - tech earnings disappoint 

Today’s issue covers Google, Apple, and Amazon results, central bank rate hikes, and other ‘movers & shakers’ from the day. 📰

Check out today’s heat map:

7 of 11 sectors closed green. Communication services (+6.57%) led, and energy (-2.28%) lagged. 💚

In economic news, initial jobless claims dropped to a nine-month low of 183,000. A measure of hourly output per worker, nonfarm productivity, rose at a 3% annualized rate in the fourth quarter. The third quarter rates were also revised higher from +0.8% to +1.4%. And U.S. factory orders rose 1.8% in December, buoyed by strong aircraft orders. 

Comments