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, a key index tracking 500 of America's biggest companies, closed slightly lower, stepping back from a record high it had recently set. This dip was largely due to a slump in major technology stocks. However, the bigger story was the strong weekly performance: all three major indexes—the S&P 500, the Nasdaq (heavy with tech stocks), and the Dow Jones (tracking 30 major industrial companies)—posted significant gains for the week. This surge was widely linked by financial news outlets like MarketWatch to the political event of the week: **Donald Trump's return to the White House** for a second term. --- ### 1. Historical Background: From Booms to Busts and Pol...