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 # **Stock Market Update: Jan. 24, 2025 – S&P 500 Ends Below Record High as Tech Slumps, But Posts Big Weekly Gains** On January 24, 2025, the **S&P 500** closed slightly below its all-time high as tech stocks struggled, but the market still posted strong weekly gains. The **Nasdaq** and **Dow Jones Industrial Average** also rose significantly, fueled by optimism after **Donald Trump’s return to the White House**. Below, we break down what happened, why it matters, and what people are saying about it. --- ## **1. Historical Background: How Did We Get Here?** - **Post-Pandemic Recovery (2020-2024):** After the COVID-19 crash in 2020, markets rebounded sharply due to stimulus packages, low interest rates, and tech sector growth. - **Inflation & Rate Hikes (2022-2024):** The Federal Reserve ra...