Wall Street Roars Ahead Of Trump's Inauguration, Intel Rallies, Bitcoin Tops $105,000: What's Driving Markets Friday?

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Adding to the positive mood, the Israeli Security Cabinet approved a ceasefire deal with Hamas in Gaza, leaving final government approval as the last step before the agreement takes effect on Sunday.Chipmaker Intel Corp.(NASDAQ:INTC) soared 8.9%, marking its biggest single-day jump since August 2024.The rally ...

Risk appetite surged on Wall Street at the end of the week, with investors ramping up stock purchases ahead of Monday's market closure for Martin Luther King Day, which is also when Donald Trump will be sworn in as the 47th U.S.president.

All major indices posted robust gains in midday trading, setting up for their strongest weekly performance since early November.

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Author / Journalist: Piero Cingari

Category: Technology

Markets: United StatesIsrael

Topics: Stories That Matter Mid Cap Commodities US73935A1043 US7591EP1005 RF CFG US3119001044 Econ #s QQQ US81369Y2090 Oil US4461501045 US81369Y8865 Gold HBAN XLV STT Economics Donald Trump Benzinga Macro Economic Events XLU Global Cryptocurrency Government $BTC TFC Top Stories AN8068571086 ETFs Tech IWM Broad U.S. Equity ETFs SPY US8574771031 Equities US81369Y8030 US4581401001 US4642876555 XLK SLB US78467X1090 FAST DIA US78462F1030 Large Cap INTC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 18:17:14 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 348 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 25223272

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