Daily Open: Muted CPI gives markets best day since November

Category: Finance

The U.S. consumer price index rose 0.4% in December, with core inflation at 3.2%. A ceasefire deal between Israel and Hamas was reached, and U.S. stocks had their best day since November. TSMC reported record sales, while JPMorgan and Goldman Sachs exceeded earnings expectations. Speculation surrounds potential buyers for Ubisoft as the company reviews its business direction.

Keywords: Inflation, Ceasefire, Stock Market

Source: CNBC

Update At: 1/16/2025

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