In 2023, US stocks got off to a jubilant start and ended perfectly in January.
As the s & p 500 closed up 1.5% again on Tuesday, the index rose 6.2% in January, its strongest month since October, and the Dow rose 2.8%.
The Nasdaq, which has lagged behind for a long time, caught up in January, rising nearly 11%, surpassing the other two major indices and making the best start since January 2001.
The US IT sector posted a 12 per cent monthly increase in January, second only to optional consumption, according to Wind. A number of stocks recorded double-digit gains in just one month, including NVIDIA Corp, Alphabet Inc-CL C, Apple Inc and other technology giants.
As shown in the above figure$Shopify (SHOP.US)$、$MercadoLibre (MELI.US)$Take the lead with an increase of nearly 40%
$NVIDIA (NVDA.US)$、$Salesforce (CRM.US)$、$Uber Technologies (UBER.US)$、$Meta Platforms (META.US)$Not to be outdone, it increased by 33.69%, 26.68%, 25.07% and 24.49%, respectively.
$Qualcomm (QCOM.US)$、$ASML Holding (ASML.US)$、$Advanced Micro Devices (AMD.US)$、$Alphabet-A (GOOGL.US)$、$Apple (AAPL.US)$It increased by 21.17%, 20.94%, 16.03%, 12.03% and 11.05%, respectively.
In addition to the well-known technology stocks, the optional consumer sector is also impressive, outperforming the former. The optional consumer sector rose 17 per cent in January, according to Wind.
Among them$Tesla (TSLA.US)$Ranked first in the plate with an increase of 40.62%.$Alibaba (BABA.US)$、$Disney (DIS.US)$、$Amazon (AMZN.US)$、$Pinduoduo (PDD.US)$、$Netflix (NFLX.US)$Followed by an increase of more than 20%.
Edit / phoebe