A slow down: after four days of going up, the Dow Jones was flat yesterday and closed at 33,744.

Published: January 26 2023, 04:01 GMT+0

A slow down: after four days of going up, the Dow Jones was flat yesterday and closed at 33,744.

Yesterday at a glance: Dow Jones closed a flat day of trading at 33,744 yesterday after ending Tuesday at 33,734.

This uncertain state for the Dow is reflected by published market data as data from United States concerning Crude Oil Inventories was released yesterday at 15:30 UTC. Newly published figures emphasized continued decline from last month's figure of 8.41 million to 533,000 this month. United States 5-Year Note Auction released yesterday at 18:00 UTC with a figure of 3.53, while the previous figure was 3.973. Fresh Cushing Crude Oil Inventories data from United States came out at 4.27 million.

While the Dow Jones was pretty flat yesterday, mixed performances were seen elsewhere as Hang Seng is trading around 22,422 after ending yesterday's session at 22,045 (up 1.71% today). Notably, KOSPI Composite Index rose 0.71% yesterday and closed at 2,428.57. ASX 200 lost 0.3% yesterday and closed at 7,490.4.

Data to be released today might clear up some of the market fog as United States Core Durable Goods Orders expected to decline to -0.2% while its preceding data was 0.1%, data will be available today at 13:30 UTC. United States Pending Home Sales is projected to outperform its last figure with -0.9%. It previously stood at -4%; data will be released tomorrow at 15:00 UTC. United States Core PCE Price Index (MoM) (Dec) scheduled to come out tomorrow at 13:30 UTC.

The Dow hit a significant low of 28,726 around 3 months ago, but has since recovered 17.44%.

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