- IBD / TIPP economic optimism surpassed the 50 point level in January.
- The S&P 500 Index remains quiet near 3,800 points after the data.
The IBD / TIPP Economic Optimism Index published by Investor’s Business Daily has improved to 50.1 points in January from December 49.
“Americans have become slightly optimistic on the outlook for the US economy as the vaccine launch, stimulus controls, and new Dow Jones highs ease the impact of COVID-related restrictions and layoffs, “the post read.
“IBD / TIPP’s finance-related stress index fell 1.7 points to 63.7 in January, the lowest level since September. Readings above 50 reflect increasing stress. “
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