The stock market ended a strong week on a positive note Friday ahead of the inauguration of Donald Trump. Netflix reported its latest earnings, adding to the momentum. The Nasdaq composite rose 1.5%, solidifying its position above its short-term moving averages and the key 50-day average.
Futures contracts for the Dow Jones also rose, while bitcoin hit a new high. Investors are watching Trump’s upcoming executive orders, which may impact stocks such as those in the S&P 500, potentially leading to tariffs or deportations. Meanwhile, companies like TikTok and Perplexity AI, backed by Jeff Bezos, have made headlines.
Some stocks, including Broadcom and Goldman Sachs, are expected to see gains based on a bullish market trend. Argan stock reached an all-time high, while Viking Holdings and ServiceNow also gained attention from investors. With earnings season heating up, Netflix’s report is just one of the key events to watch in the coming days.
Source: https://www.investors.com/market-trend/the-big-picture/dow-jones-stock-market-nasdaq-sp500-donald-trump-inauguration-netflix-earnings-nflx