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 Of course. Here is a detailed and insightful article based on the provided headline, written in simple language. *** ### **A Surprising Week on Wall Street: Markets React to a New Political Era** **January 24, 2025** – In a week of dramatic twists, the U.S. stock market closed this Friday with a mixed but ultimately positive message. The S&P 500, a key indicator of the market's health, ended the day slightly down, falling just short of its all-time record high. This dip was largely due to a slump in major technology companies. However, the bigger story was the weekly performance. Despite Friday's stumble, the S&P 500, along with the tech-heavy Nasdaq and the blue-chip Dow Jones Industrial Average, all posted significant gains for the entire week. This powerful rally was fueled by a sin...