On Friday, January 12th, U.S. stock markets closed mixed, with minor fluctuations caused by a mix of varied bank earnings and optimistic inflation data.
In economic data, U.S. producer prices dropped by 0.1% in December, mirroring the decline from the previous month and contrasting with market predictions of a 0.1% increase.
Over the week, the Dow advanced by 0.34%, the S&P 500 increased 1.84%, and the Nasdaq grew 3.09%.
The Dow Jones Industrial Average declined 0.31%, closing at 37,592.98. In contrast, the S&P 500 increased by 0.08% to 4,783.83, while the Nasdaq Composite ticked marginally by 0.02%, ending the session at 14,972.76.
The Dow experienced a drop, ...