The US stock market closed on Monday, 16 January 2023, on account of Martin Luther King Jr. Day holiday.
US share market finished session modestly higher on Friday, 13 January 2023, as upbeat consumer sentiment and inflation expectations data helped offset warnings from major banks of tough economic times ahead.
The University of Michigan said its consumer sentiment index jumped to 64.6 in January from 59.7 in December. With the much bigger than expected increase, the consumer sentiment index reached its highest level since hitting 65.2 in April 2022.
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