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 largest companies, closed slightly below its all-time high. This dip was largely due to a slump in major technology stocks. However, the bigger story was the **strong weekly gain** across all major indexes—the S&P 500, the Nasdaq (heavy with tech stocks), and the Dow Jones Industrial Average (tracking 30 major companies). This weekly surge was widely linked by financial news outlets, like MarketWatch, to the political event of **Donald Trump's return to the White House** for a second term, which began on January 20, 2025. Let's break down what happened and why it matters. --- ### 1. Historical Background: From Boom...