Markets closed for MLK Day, Trump II Inauguration today, indexes up, optimistic outlook

From Nasdaq

January 20, 2025 10:33:00 AM:

Stock markets are closed today for Martin Luther King Jr’s birthday. Major indexes are up at least +2% year to date. President-elect Donald Trump’s inauguration marks the start of his second term, with indexes rising since November 5th. AI boom led to previous election cycle gains, now optimism for deregulation and earnings growth. Bitcoin and Coinbase up +59%. Concerns include immigration, healthcare, and tax rate cuts. Earnings season begins, with companies like Netflix, Johnson & Johnson, and American Express reporting.

Zacks experts predict 5 stocks set to double in 2024, with previous recommendations soaring +143.0%, +175.9%, +498.3% and +673.0%. These stocks are under Wall Street radar, providing an opportunity for growth. For more stock analysis and recommendations, download the free report on Zacks Investment Research. Stocks like JPMorgan Chase, Citigroup, Johnson & Johnson, Netflix, American Express, and Coinbase are also analyzed for potential growth.

Read more at Nasdaq.: Markets Closed for MLK Day; Trump II Inauguration Today