Stock Market Today: TSM Rallies, AAPL Plunges, Banks Beat & SOFI Soars

Markets were in a tug of war that ended with all indices but the RUT closing down. The biggest back and forth was seen between TSMC's (TSM) earnings rally and Apple's (AAPL) sell off over weak China iPhone sales. Big banks once again beat with mixed results, while SoFi Technologies (SOFI) gained thanks to a new partnership. Caroline Woods turns to the trading day's biggest stories.

16 Jan 2025

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