Markets are closed for holiday, with optimism around new term and earnings season beginning

From Nasdaq
January 20, 2025 11:06:00 AM:

Stock markets are closed for Dr. Martin Luther King Jr.’s birthday. Year-to-date, major indexes are up by at least +2%. President-elect Donald Trump’s Inauguration Day marks a rise of +4.74% on the Dow, +5.60% on the S&P 500, +8.04% on the Nasdaq, and +3.20% on the Russell 2000 since November 5th.

The previous election cycle saw significant stock gains, with the Dow up +44.76%, S&P +68.35%, Nasdaq +95.90%, and Russell +9.83%. Optimism surrounds the new term with deregulation and growth in earnings. Concerns include immigration, healthcare, and corporate tax rate debates. Earnings season begins with Netflix, Johnson & Johnson, and American Express reporting Q4 results.

Zacks experts pick 5 stocks set to double in 2024. Previous recommendations soared +143.0%, +175.9%, +498.3%, and +673.0%. These under-the-radar stocks offer promising opportunities. The article includes free stock analysis reports and recommendations from Zacks Investment Research.

Read more at Nasdaq: Markets Await for Q4 Earnings