The sell-off in stocks reversed abruptly this week after the consumer price index (CPI) reading on inflation hinted that the soft landing scenario may still be on the table in 2025. If so, you should expect to see a strong earnings season. You’ll have to wait a few weeks for the big technology stocks to report, but if the earnings reports from the big banks are any indication, you won’t be disappointed.
However, the strong bank earnings didn’t come without some cautionary signals that reminded investors of the wealth gap between lower- and higher-income consumers. That was confirmed by Target Corp. (NYSE: TGT), which warned of weaker margins despite better-than-expected revenue.
The stock market will be closed on Monday in observance of the Martin Luther King Jr. Holiday in the United States. However, as the transition of power takes place in Washington, investors will keep a close eye on changes to government policy. You can count on the MarketBeat team of analysts to keep you in touch with the stocks and stories moving the market. Here are some of our most popular stories from this week.
