Key Takeaways The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes.Tesla stock surged after reports of strong demand in China for its updated Model Y and upbeat analyst commentary on its AI and robotaxi initiatives.

Since 2020, the Magnificent 7 stocks have soared an average of 640%, dwarfing the SP 500s 100% gain and now accounting for 34% of the indexs weight, according to Jefferies. Performance within the group varies widely,

Easing inflation boosts US stock markets. Tesla jumps 5%, Goldman Sachs rises 4.9%. S&P 500 hits one-week high as Fed rate cut speculation grows.

Tesla's stock was rallying 5% in recent trading, and has now run up 72.8% since the election. CEO Elon Musk's cozying up to Trump has provided a $587.83 billion boost to the EV giant's market cap since the election,

Cooling inflation sparks a risk-on rally as stocks surge, gold eyes a breakout, and Treasury yields fall. Tesla and Nvidia gain on dovish Fed hopes.

The S&P 500 snapped its winning streak on Thursday. UnitedHealth’s disappointing results and a rotation away from Big Tech dragged on the major indexes. The market benchmark dipped 0.2%, its first daily decline since Friday.

Tesla and Nvidia led gains in megacaps, while Intel jumped 7.66 per cent following reports that the chipmaker is an acquisition target