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Hey listeners, it's Saturday, January 18th. I'm Francesca Fontana for the Wall Street Journal, and this is What's News and Markets,

our look at the biggest stock moves of the week and the news that drove them.

Let's get to it.

Welcome back, everybody, and apologies in advance for any hoarseness on my part.

I'm getting over being under the weather, thanks to the frigid temperatures

we've been having here in New York. And yes, I had a cold, but stocks were red hot this week,

mostly. On Wednesday, the Dow, S&P 500, and NASDAQ all had their best trading day since the

big post-election rally back in November, thanks to new inflation data that's

been stoking optimism for rate cuts and big banks setting a strong tone for earning season.

More on that in a second.

But in came the cold on Thursday.

All three indexes ended lower, weighed down by declines in tech stocks.

But on Friday, stocks warmed right back up and the major indexes notched their best week

since that post-election rally.

On a weekly basis, the Dow gained 3.7%, the S&P 500 added 2.9%, and the NASDAQ rose 2.5%. Let's circle back to those big banks, which posted surging quarterly profits on Wednesday

thanks to a rebound on Wall Street.

J.P. Morgan Chase said its net income rose 50 percent, while Goldman Sachs said its net

...