• The S&P 500 index has shown resilience, reaching a new intraday high of 6,100.81, although it closed slightly lower at 6,086.37. This rebound follows a challenging December, where the index lost 2.5% due to concerns over fewer anticipated rate cuts from the Federal Reserve. Technology stocks have been the primary drivers of this resurgence, with significant gains in companies like Oracle and Nvidia, spurred by optimism surrounding Trump's proposed tariffs and investments in AI infrastructure.

• JPMorgan Chase CEO Jamie Dimon acknowledged the potential benefits of Trump's tariffs, suggesting they could bolster national security despite concerns over inflation. Dimon cautioned that current asset prices are historically high, indicating a need for strong corporate earnings to sustain market momentum. This sentiment reflects broader market trends, where investors are advised to diversify portfolios amid high valuations and potential economic headwinds, emphasizing the importance of corporate performance in justifying stock prices.