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 biggest companies, closed slightly lower, stepping back from a record high it had recently hit. This dip was largely due to a slump in major technology stocks. However, the bigger story was the strong weekly performance: all three major indexes—the S&P 500, the Nasdaq (heavy with tech companies), and the Dow Jones (30 large industrial companies)—posted significant gains for the 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 November 2024 election. --- ### 1. Historical Background: From Bull Markets to P...