S&P 500 Surges 1.8%: Bank Earnings and Soft Inflation Spark Rally
![S&P 500 Surges 1.8%: Bank Earnings and Soft Inflation Spark Rally](https://www.investopedia.com/thmb/VBhsCF-Ob6bD8kT32KhcUee0bm0=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1894093220-1b7f7b13e54e45e49a4ce38ff1d1c3d1.jpg)
The S&P 500 index experienced a significant boost, rising 1.8% on Wednesday, January 15, driven by impressive bank earnings reports and a decline in core inflation, which has rekindled hopes for potential rate cuts. This uptick in the market is a wel ...undefined