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 day that captured the complex mood of the financial world. The **S&P 500**, a key index tracking 500 large U.S. companies, closed slightly lower, stepping back from a record high it had recently set. This dip was largely due to a slump in big technology stocks. However, the bigger story was the **strong weekly gain** posted by all three major indexes—the S&P 500, the **Nasdaq** (heavy with tech companies), and the **Dow Jones Industrial Average**. This weekly surge was widely linked by analysts and media, including MarketWatch, to the political event of **Donald Trump's return to the White House** after winning the November 2024 election. --- ### 1. Historical Background: From Booms to Political Swin...