INTC Cont'd Rally In President Sworn In Week?
@JC888:
The stock market just notched its best week since the November “Trump bump.” All three major indexes advanced Fri, 17 Jan 2025, with the Magnificent Seven tech stocks logging gains. (see below) After Donald Trump won re-election in November 2024, Wall Street hopes for tax cuts and deregulation propelled stocks higher. This week, it was (a) muted inflation data and (b) positive US growth projections that buoyed investors. By the time market closed for the week: DJIA : +0.78% (+334.70 to 43,487.83). Recorded biggest weekly percentage gains since early November. and the Nasdaq recorded its best since early December. S&P 500 : +1.0% (+59.32 to 5,96.66). Registered biggest weekly percentage gains since early November. Nasdaq : +1.51% (+291.91 to 19,630.20) Recorded its best since early Dece