According to economists, the U.S. GDP is expected to grow at a rate of 2.3% per year in the fourth quarter of 2022. This would be a slight increase from the previous quarter's growth rate of 2.2%.‍

United Airlines saw a 3.5% increase in their stock after the company reported their fourth quarter earnings that exceeded the expectations of Wall Street. The airline reported an adjusted earnings per share of $2.46 on $12.4 billion in revenue, which was higher than the predicted $2.10 and $12.2 billion in revenue from Refinitiv.

This has been a tough year for tech stocks. The Nasdaq is on track for its worst slump since 2008 and looks set to underperform the S&P 500 for a second consecutive year.

While many tech companies saw their stock prices plummet this year, IBM managed to stay in the green.