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 about the stock market event you described, written in simple language. *** ### **A Bumpy Ride to a Big Win: Understanding the Stock Market’s Wild Week** **January 24, 2025** – If you only looked at Friday’s results, you might think the stock market had a bad day. The S&P 500, a key index that tracks 500 of America's biggest companies, closed slightly down, ending a streak of record highs. The main reason? A slump in technology stocks like Apple and Microsoft. But the real story of the week was much more positive. Despite Friday's dip, the S&P 500, along with the Nasdaq (which is heavy on tech) and the Dow Jones (which tracks 30 major companies), all posted their biggest weekly gains in months. This surge was largely fueled by a majo...