Here's why stock market ripped higher for biggest daily gain since Trump got elected

New Photo - Here's why stock market ripped higher for biggest daily gain since Trump got elected

Here's why stock market ripped higher for biggest daily gain since Trump got elected


US stocks surged on Wednesday - with all three major indexes registering their biggest daily percentage gains in more than two months. Lower-than-expected December core inflation data and solid earnings from major American banks fueled a rally. When the markets closed on Wednesday, the S&P 500 had jumped 1.8 percent - its best day in two months. The Dow Jones Industrial Average climbed 1.7 percent, and the Nasdaq composite gained 2.
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