The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the election.

U.S. stock indexes closed their best week in two months with a flourish on Friday. The S&P 500 climbed 1% to clinch its first winning week in the last three. The Dow Jones Industrial Average rose 334 points,

Can they regain momentum after Trump takes office? Wall Street’s so-called fear gauge has dropped this week, as the U.S. stock market appeared relieved that Treasury yields retreated from their recent climb.

Bond yields dipped for a third day on Friday, bringing some relief to investors after they watched the 10-year approach 5% in recent weeks.

US stocks are on track for their best week since Donald Trump’s election victory, boosted by strong bank earnings and softening underlying inflation data, which raised the chanc