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How major US stock indexes fared Monday 1/23/2023

Stocks closed higher on Wall Street as investors grow more convinced the Federal Reserve will keep downshifting the size of its rate hikes and as several major companies prepare to report their latest results. This week Microsoft, Tesla and Boeing…

Spotify, Salesforce.com, Ford rise; Xylem falls

NEW YORK — Stocks that traded heavily or had substantial price changes Monday: Spotify Inc., up $2.03 to $99.94. The music streaming service is cutting 6% of its workforce, the latest tech company to retrench as the economic outlook worsens.…