The broad-based S&P 500 Index is up 9%, while the technology-heavy Nasdaq 100 is up 18% year to date (YTD), and we've barely made it out of January. After a brutal 2022 for growth and technology stocks, it looks like things may be finally turning the corner for investors, with inflation readings coming down and the United States economy escaping a recession (at least for now). Spotify (NYSE: SPOT), Tesla (NASDAQ: TSLA), and Amazon (NASDAQ: AMZN) are three stocks that led the stock market rally last month.
Wall Street moved sharply higher for the fourth trading week of 2023. My "three stocks to avoid," which I thought were going to lose to the market in the past week -- BuzzFeed, General Motors, and 1-800-Flowers.
Weeks after Tesla slashed prices on a number of its models, Ford Motors dropped the price of its electric Mustang Mach-E. WSJ auto reporter Nora Eckert compares the auto makers’ strategic moves and explains what this means for the industry. Photo illustration: Josephine Chu