From Nasdaq: 2025-01-17 16:26:28

The Dow and Nasdaq saw triple-digit gains following a week of softer inflation data and strong bank earnings, with all three major indexes logging healthy session wins. Investors are looking ahead to a holiday-shortened week and the upcoming inauguration of President-elect Donald Trump. In other news, the Supreme Court upheld the TikTok ban, the SEC fined Vanguard $100 million, cloud stocks surged on bull notes, Fastenal stock fell on Q4 results, and a trading strategy for earnings season was discussed. Oil prices settled lower amid energy policy uncertainty, while gold logged a weekly win despite a recovering U.S. dollar.



Read more at Nasdaq: Stocks Sweep With Daily, Weekly Wins