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48

The number of days it took the S&P 500 to record a new closing high of 6,118.17 last Thursday following the prior high of 6,086.37 on December 6. The index drew down by 4.3% over this stretch, bottoming at 5,827.04 on January 10 amid a backup in bond yields. Over these 48 days, the best performing sectors in the index were communication services (+4.4%), energy (+1.4%), and industrials (+1.1%), while real estate (-5.0%) and consumer staples (-4.9%) were the biggest laggards.

100,000

The number of jobs Trump administration officials estimate the Stargate Initiative will create over four years in industries including commercial construction, energy infrastructure, and engineering. The program, which seeks to raise $500 billon of private sector funds to expand U.S. artificial intelligence infrastructure, was unveiled at the White House last week by Trump, Oracle (ORCL) CEO Larry Ellison, SoftBank Group leader Masayoshi Son, and OpenAI co-founder Sam Altman.