BlockBeats News, January 15th: At the opening of the U.S. stock market, the Dow rose by 1.63%, the Nasdaq rose by 1.62%, and the S&P 500 Index rose by 1.42%. The overall CPI for December in the United States basically met expectations, with the core CPI showing some moderation, leading to an increase in market expectations of a rate cut.
Wall Street giants released their Q4 earnings reports. BlackRock (BLK.N) and Wells Fargo (WFC.N) surged over 5% post-earnings, while Citigroup (C.N) and Goldman Sachs (GS.N) rose by over 4%, and JPMorgan Chase (JPM.N) rose by 1.7%. (FXStreet)