Equity markets rallied on a cooler than expected CPI report, while bank earnings lifted the financials sector. Goldman Sachs (GS) and JPMorgan Chase (JPM) reported profit gains that buoyed the big banks, while Citigroup (C) rallied to 4-year highs off its report. Meanwhile, quantum stocks get a boost off of bullish commentary from Microsoft (MSFT). Caroline Woods has the latest on Wednesday's market action.
15 Jan 2025
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