American Express shares soared 11% after the company issued strong earnings and revenue guidance for 2023 that topped Wall Street analysts' expectations.

Southwest Airlines reported a $220 million loss for the fourth quarter, after the holiday meltdown cost the company millions in expenses. This drove up the company's expenses and caused the stock to drop by 2.1%.‍

The U.S. economy ended the year on a strong note in 2022, despite concerns that growth may slow down in the coming year. While there are some uncertainties about the future, the overall outlook remains positive. With continued effort and cooperation, the economy is expected to maintain its momentum and continue to grow.

Stock performance has been lackluster after earnings reports, which is disappointing for a market that was expecting strong results.

Tesla, a leading manufacturer of electric vehicles, is set to release its fourth-quarter results on Wednesday after the market closes.