SPY News: Trump's inauguration looms as earnings season rolls on: What to know this week - 19th Jan 2025, 11:41pm

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The S&P 500 (^GSPC) just logged its best week since the November election as a cooler-than-expected inflation reading eased concerns that the Federal Reserve may rule out interest rate cuts for all of 2025.

For the week, the S&P 500 jumped more than 3%, while the tech-heavy Nasdaq Composite (^IXIC) rose more than 2.6%. The Dow Jones Industrial Average (^DJI) led the gains, soaring nearly 4%.

Markets will be closed for the Martin Luther King Jr. holiday Monday, pushing all attention to Presiden...

>>> Read more: Trump's inauguration looms as earnings season rolls on: What to know this week
 
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