U.S. equity market averages advanced Friday, drawing Wall Street toward its best week since the 2024 election, with stocks largely bolstered this week by cooler-than-expected inflation data.  The benchmark S&P 500 (SP500) +1.

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.