From Zacks Investment Research: 2025-01-16 15:04:09

Global equities rose as U.S. inflation fell short of expectations, hinting at potential rate cuts by the Federal Reserve. A ceasefire deal was reached between Israel and Hamas to end the Gaza conflict. Major banks like JPMorgan, Goldman Sachs, Wells Fargo, and Citigroup reported strong earnings, boosting investor confidence. ETFs like Invesco S&P 500 High Beta, iShares MSCI USA Momentum Factor, and Invesco S&P 500 Momentum saw gains, offering potential opportunities for investors in the current market climate.



Read more at Zacks Investment Research: ETFs to Play on Gaza Truce, Easing Inflation & Solid Bank Earnings – January 16, 2025