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Stocks surge to end January, fueled by earnings and BOJ rate cut

Wall Street goes out with a bang to end a rough month, with earnings and a Bank of Japan surprise fueling the gains. Stocks finish higher for the week—now two weeks in a row—but even with the good week, it was still the worst January for stocks since 2009.

Japan goes negative

Japan cut a key interest rate into negative territory, which sent stocks soaring across the globe. So what does it all mean? Yahoo Finance’s Justine Underhill explains what’s going on.

2016 race begins—for real

The 2016 presidential race is heating up with Iowa caucuses only a few days away. Yahoo Finance columnist Rick Newman believes the economic conditions on the ground in early voting states may not help renegade candidates as much as they think.

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Winners and losers

Stocks missing out on the party include Amazon after earnings, Chuy's Holdings on a downgrade, and AbbVie—although the biotech name beat expectations, sales growth for its blockbuster arthritis drug Humira slowed.

Shares that finished the week in the green include Facebook hitting new all-time highs, Microsoft after earnings, and Sony—the electronics and media giant popping after reporting strong results from its PlayStation gaming unit, as well as impressive returns from Sony Pictures releases like "Spectre" and "Hotel Transylvania 2."

Looking ahead

  • We'll get lots of data on the health of US manufacturing with the PMI Manufacturing Index at 9:45 a.m., followed by the ISM Manufacturing index at 10 a.m, ET;

  • After the bell on Monday, a huge earnings report that we will cover live on the Final Round: Alphabet, the parent company of Google, reports fourth-quarter results;

  • First-in-the-nation voting begins for both the Republicans and Democrats with the Iowa caucuses kicking off the 2016 presidential race.