A strong U.S. economy fueled the best January for stocks in decades. Despite the ongoing uncertainty about President Trump’s plan with the U.S. government shutdown, the Dow Jones Industrial Average and the S&P 500 both ended the month with their biggest January gains since the 1980s with gains of 7.2 percent and 7.9 percent.

The U.S. and China moved closer to settling their trade dispute after two days of discussion. The Chinese delegation proposed that Trump meet with President Xi Jinping after the U.S. president’s planned summit with North Korean leader Kim Jong Un in late February.

With the February 15 border agreement deadline approaching, Trump said the White House and congressional leaders were no closer to an immigration deal.

The president reiterated he is willing to act alone to build a wall on the southern border. Also, the republican party-controlled Senate advanced legislation, opposing Trump’s decision to withdraw troops from Syria and Afghanistan.

The Fed on Wednesday did maintain the target range for its benchmark interest rate at 2.25-2.5 percent, an anticipated pause after the Fed increased this range by 0.25 percent in December, being the fourth increase in 2018.

The Fed also altered its outlook for how many more interest rate hikes it believes will be needed to support full employment and 2 percent inflation.

After closing out a record setting best January, U.S. crude oil rallied 3 percent into Friday’s close. Strong employment rate boosted expectations for sturdy fuel demand. And Baker Hughes reported U.S. energy firms cut the number of operating rigs for the fourth time in five weeks.

Its earnings season once again and the market has been moving quite volatile lately as investors react to first quarter earnings. Amazon recorded its third straight record setting quarterly profit.

Amazon reported $857 million in earnings, or $1.78 a share, in the second quarter on $30.4 billion in revenue, surpassing analyst estimates of earnings per share of $1.11 on $29.5 billion in revenue. However, there are some concerns over the e-commerce rules and regulations in India.

The local government in India is tightening the rules regarding how foreign commerce platforms sell goods in the country.

General Electric reported another quarter of weak profits in its core power business and legacy problems in its GE Capital unit, though executives said they were making progress in changing the troubled conglomerate. Shares of PG&E Corp have risen since the utility company filed for chapter 11 bankruptcy protection Tuesday.

A surprising development highlighting the uncertainty surrounding the firm’s future.

Equity investors are typically wiped out after a company files for bankruptcy, and PG&E has warned the public in their filings which state: “extensive litigation, significant potential liabilities and a deteriorating financial situation.”

Both ExxonMobil (+3.60 percent) and Chevron (+3.24 percent) reported some of their best profits in years.