Market Report - US Close

US close: Stocks surge as core inflation slows, bank results impress

By Benjamin Chiou

Date: Wednesday 15 Jan 2025

(Sharecast News) - US stocks surged on Wednesday after a closely watched inflation report showed an easing of underlying price pressures while quarterly results from the banking sector smashed expectations.




Earnings from heavyweights Goldman Sachs, JPMorgan Chase, Wells Fargo and Citigroup were lifting sentiment with...

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