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 index**—a basket of 500 of America's biggest companies—closed slightly lower, stepping back from a record high it had just reached. This dip was largely because **technology stocks**, which had been soaring, took a breather and slumped. However, the bigger story was the weekly performance. Despite the daily drop, the **S&P 500, the Nasdaq (heavy with tech stocks), and the Dow Jones Industrial Average** all posted significant gains for the entire week. This surge was widely linked by analysts and media, like MarketWatch, to the political event of **Donald Trump's return to the White House** after winning the 2024 election. Let's break down what happene...