Stocks Rise on Growing Optimism for Soft 2023 Landing and Intel Gets Israel Incentives
• Stocks rose on Tuesday as optimism grows for a soft economic landing in 2023 and positive outlooks for 2024 • The Dow gained 0.3%, the S&P 500 rose 0.3%, and the Nasdaq advanced 0.5% • Major indexes are up double digits in 2022 on expectations of the Fed soon ending its tightening campaign • Intel stock rose over 3% on news of securing over $3 billion in incentives from Israel • US home prices accelerated at their fastest pace this year in October, up 4.8% nationally