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Benzinga
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Wall Street Rallies As Inflation Fears Recede, Banks Smash Earnings, Bitcoin Reclaims $100,000: This Week In The Markets

1. December inflation aligns with forecasts, fueling market optimism. 2. Major banks report strong fourth-quarter earnings, boosting financial stocks. 3. Bitcoin surpasses $100,000 amidst expectations of pro-crypto policies under Trump.

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FAQ

Why Bullish?

Positive inflation data and robust bank earnings typically support stock market growth.

How important is it?

The inflation and banking data directly correlate with overall S&P 500 movements.

Why Short Term?

Market rallies following earnings and inflation reports are generally short-lived.

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