Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Wednesday, January 30. All major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. indexes advanced on encouraging news from the Federal Reserve’s policy meeting. The Dow Jones Industrial Average, S&P 500 and NASDAQ gained 1.8%, 1.6% and 2.2%, respectively. Meanwhile, ADP revealed that private-sector job growth easily surpassed expectations with 213,000 new jobs in January, well ahead of the 174,000 forecast. On the earnings front, Boeing’s stock surged more than 6% on strong quarterly earnings, revenue and forward guidance. Microsoft, on the other hand, fell 3% in after-hours trading after beating profit expectations but coming up short on revenue.
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