Reported 1 day ago
U.S. stocks saw significant gains on Friday, closing a strong week fueled by optimism about the economy and changes expected under the incoming Trump administration. The S&P 500 and Dow recorded their largest weekly gains in months, while inflation concerns eased alongside positive economic reports. Key data indicated a rise in homebuilding and manufacturing output, though uncertainties remain regarding how Trump's policies may affect inflation and monetary strategies. Despite these concerns, the start of the corporate earnings season also helped lift market spirits.
Source: YAHOO