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January was filled with twist and turns for Wall Street. Investors had to digest the ordinary flow of news, including a jobs report that turned out to be much stronger than expected, a decision from the Federal Reserve to hold interest rates steady, and data showing inflation remains persistent. On top of that, a new president was inaugurated, TikTok was banned and reinstated, the Chinese start-up DeepSeek shook the markets, and tech companies, including several Magnificent Several members, reported their earnings.