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Wall Street boosted by milder core CPI data episode artwork

EPISODE · Jan 16, 2025 · 26 MIN

Wall Street boosted by milder core CPI data

from Squawk Box Europe Express

Wall Street enjoys its best session since early November following a weaker-than-expected core CPI print. The Magnificent 7 tech stocks together added more than $550bn in collective market cap. U.S. bank earnings also helped boost indices Stateside with JP Morgan posting record revenues and earnings. Taiwanese chip giant TSMC posts record Q4 profits which surged by 57 per cent off the back of strong A.I. semiconductor demand. After 15 months of conflict, a U.S., Qatar and Egypt-brokered Israel-Hamas ceasefire deal has been reached. The triple-phased agreement is due to begin on Sunday.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What this episode covers

Wall Street enjoys its best session since early November following a weaker-than-expected core CPI print. The Magnificent 7 tech stocks together added more than $550bn in collective market cap. U.S. bank earnings also helped boost indices Stateside with JP Morgan posting record revenues and earnings. Taiwanese chip giant TSMC posts record Q4 profits which surged by 57 per cent off the back of strong A.I. semiconductor demand. After 15 months of conflict, a U.S., Qatar and Egypt-brokered Israel-Hamas ceasefire deal has been reached. The triple-phased agreement is due to begin on Sunday.

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Wall Street boosted by milder core CPI data

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Frequently Asked Questions

How long is this episode of Squawk Box Europe Express?

This episode is 26 minutes long.

When was this Squawk Box Europe Express episode published?

This episode was published on January 16, 2025.

What is this episode about?

Wall Street enjoys its best session since early November following a weaker-than-expected core CPI print. The Magnificent 7 tech stocks together added more than $550bn in collective market cap. U.S. bank earnings also helped boost indices Stateside...

Can I download this Squawk Box Europe Express episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
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