The S&P 500 climbed to a strong finish on Friday, driven by bullish investor sentiment ahead of Donald Trump's inauguration. While concerns remain regarding potential trade tariffs, Trump's positive phone call with Chinese President Xi Jinping on Friday eased anxieties. The market also awaits earnings reports from major tech, industrials, and consumer companies next week.
Investing.com-- The S&P 500 ended a strong week on a high Friday, as bullish bets on stocks continued just days ahead of President-elect Donald Trump inauguration on Monday, which marks the transfer of presidential power.Investors remain confident, but are now awaiting the inauguration of President-elect Donald Trump on Jan. 20, amid heightened speculation over his plans to impose trade tariffs on major economies, particularly China.
That said, Trump said earlier Friday, in a Truth Social post, that he had spoken on the phone with Chinese President Xi Jinping on Friday, calling the call"a very good one for both China and the USA.”
STOCK MARKET TRUMP CHINA TRADE WAR EARNINGS
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