Markets Rally Ahead of Trump 2.0, Banks All-Time Highs, Quantum Stocks Whipsaw and TikTok Ban Looms

Equity markets soar into the weekend as investors eye a change in the Oval Office next week. Bank stocks JPMorgan Chase (JPM) and Goldman Sachs (GS) reached all-time highs after impressive 4Q earnings reports. TSMC (TSM) and Intel (INTC) were among notable chip-stock movers, while the quantum trade continued to provide whipsaw moves. And, as the TikTok ban goes into effect this weekend, Snap (SNAP) slipped 12% lower this week. Oliver Renick recaps the week that was.

17 Jan 2025

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