US indices concluded the last session of January yesterday, Tuesday, with collective gains, led by the Nasdaq index, which rose by more than 1.6%, so that all US indices recorded gains in the month of January, as the Dow Jones and S&P 500 indices recorded their best monthly performance since January 2019, amid anticipation in the markets for announcements Profits from companies and institutions issued during the current week.

Today, US stock markets are awaiting the US Federal Reserve meeting, which is expected to raise interest rates by 25 basis points, as the futures markets, according to the FedWatch tool issued by CME, are pricing 99% to raise interest rates by 25 basis points in today’s meeting.

Companies and financial institutions continue to disclose their business results for the fourth and last quarter of last year, as the American car manufacturer General Motors announced its business results yesterday, Tuesday, and recorded revenues of $43.11 billion, with an earnings per share of $2.12, with General Motors shares up by 8%.

On the other hand, Exxon Mobil shares rose by 2.16% at the close at $115.76, after the annual profits of the company specialized in the oil sector amounted to $55.7 billion.

McDonald’s Corporation recorded revenues of $5.93 billion, with an earnings per share of $2.59, while the company’s operating margin in the fourth quarter and its expectations for the current year were lower than analysts’ expectations, as the company’s share declined by 1.29% when closing at $267.40.

The heavy equipment giant Caterpillar recorded quarterly profits less than market expectations, earnings per share of $3.86, compared to 4.02 in analysts’ expectations. The company’s share declined by more than 3.5% when closing at $252.29.

PayPal shares rose by 2.32% and closed at $82.50 after the company announced a plan to lay off 7% of its employees.

During the current week’s sessions, the markets are awaiting the completion of the disclosures of many banks and financial companies, as the markets are awaiting the results of the Mita company meeting today, while Amazon, Alphabet and Apple will announce tomorrow, Thursday

. The Dow Jones industrial average (Dow) closed up by about (368) points at the close at 34,086 levels, with gains of about 1.09%, recording a monthly gain of 2.83% in January.

While the S&P (S&P500) index recorded gains at closing at 4.076 levels, an increase of about (58) points, or 1.46%, to record its best monthly performance since January 2019, by 6.18%.

While the Nasdaq index recorded (190 points) gains, to close the session at 11,584 points, recording gains of about 1.67%, and monthly gains of about 10.68%, in the best monthly performance for the index since 2001.ش