Ahead of Wednesday's session, the Nasdaq kept its rally going, now at seven straight sessions.
The Dow Jones Industrial Average , however, took it on the chin Tuesday, closing down more than 1% and ending its four-session winning streak. The S & P 500 's modest loss was also the first in five days. 3. United Airlines reports a strong fourth quarter with earnings and revenue better than expected. Early 2023 outlook also beat, continuing the LTS pattern, "Life's Too Short," that we're exploring in our "Mad Money" series. Travel is a post-Covid winner . 4.
Analysts also reiterated their $185-per-share price target on the Club stock, which represents over 38% upside from Tuesday's close. 8. Club holding Microsoft is expected to announce thousands of layoffs, according to reports . U.K broadcaster Sky News, owned by CNBC's parent company Comcast , says the reductions could total about 5% or roughly 11,000 positions. Other media accounts put the job cuts at much higher levels. 9.
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