GREY BRIEFING #24: High information density, political noise, and FOMC focus

The week was marked by a high density of information, with political and geopolitical issues from Davos, the focus on the FOMC meeting on January 28, and the broader start of the reporting season attracting attention but not triggering any sustained directional decisions on the markets. WEEKLY PERFORMANCE – INDICES At the index level, the trading week was generally directionless. The S&P 500 lost 0.41% over five days, the Dow Jones lost around 0.5%, while the Nasdaq 100 closed virtually unchanged. The Russell 2000 held its ground with a loss of 0.32%, while the DAX trended moderately weaker with a loss of 0.48%. During the week, there was increased sensitivity, particularly in the middle of the week.