04:58 PM EST, 01/17/2025 (MT Newswires) -- US equity indexes rose this week as easing core inflation rates helped push government bond yields lower, and big banks kicked off the Q4 earnings season on a strong note.

* The S&P 500 gained to 5,966.66 on Friday from 5,827.04 a week earlier, the Nasdaq Composite rose to 19,630.20 from 19,161.63, and the Dow Jones Industrial Average climbed to 43,487.83 from 41,938.45.

* Energy, financials and materials sectors topped the sector charts this week. JPMorgan Chase & Co. ( JPM ) , Morgan Stanley ( MS ) , Wells Fargo ( WFC ) and Bank of America ( BAC ) ended the week higher following quarterly results.

* The US 10-year Treasury yield traded at 4.61% late Friday, with the two-year rate at 4.27%. Both maturities headed for a decline from a week earlier on benign inflation data.

* The producer price index grew slower than forecast in December, a month in which core PPI held steady, lagging forecasts and the gain in November.

* The core consumer price index in December grew slower than anticipated month over month. The headline CPI came in as expected. Year-over-year core CPI growth slowed from November. Headline CPI increased at a quicker pace.

* Fed Governor Christopher Waller has said that if tariffs don't have a pronounced and lasting effect on inflation, they won't affect his view of monetary policy. "Of course, we need to see what policies are enacted before we can seriously consider their effects."