Dow Soars 700 Points As Bank Earnings, Inflation Data Boost Stocks Toward Best Day Since Election
1. Stocks surged with S&P 500 up 1.7%, driven by CPI data. 2. December CPI inflation reached 2.9%, meeting forecasts and influencing market optimism. 3. Major banks reported strong Q4 earnings, boosting financial sector performances. 4. Market volatility persists as investors respond to economic data fluctuations.