Stock Market on Jan. 24, 2025: S&P 500 ends below record high as tech slumps, but posts big weekly gain along with Nasdaq and Dow after Trump's return to White House - MarketWatch
Stock Market on Jan. 24, 2025: S&P 500 ends below record high as tech slumps, but posts big weekly gain along with Nasdaq and Dow after Trump's return to White House - MarketWatch # The Stock Market on January 24, 2025: A Day of Mixed Signals **January 24, 2025**, was a notable day on Wall Street. The **S&P 500 index**—a basket of 500 of America's biggest companies—closed slightly lower, stepping back from a record high it had just reached. The main reason? A sudden drop in **technology stocks**, which had been market leaders for years. However, the bigger story was the **weekly performance**. Despite the daily dip, the S&P 500, along with the **Nasdaq** (heavy with tech companies) and the **Dow Jones** (30 major industrial companies), posted significant gains for the entire week. This surge was widely linked by analysts and media, like MarketWatch, to the political event of **Donald Trump returning to the White House** for a second term. Let's break down what h...