Existing home sales climbed 2.2% in December to a seasonally adjusted annual rate of 4.24 million, according to the National Association of Realtors, the strongest pace since February 2024. Economists polled by Bloomberg expected existing home sales to hit a pace of 4.2 million in December.

U.S. stock indexes are drifting higher following a mostly encouraging batch of profit reports from big companies.

That’s important information to counter the narrative that corporate insiders are doing a happy dance now that a more business-friendly presidential administration is in power in the U.S. While some corporate chieftains may be dancing, a large majority are not.

Tuesday’s rising market tides also lifted the biggest boats moored in Silicon Valley. Several tech giants saw their stock prices go up: Alphabet ros

Wall Street begins Donald Trump’s second presidential term with gains. Jack Ablin, Chief Investment Officer at Cresset Capital here in Chicago, joins the Gains podcast to talk about financial markets under a new presidential administration.