Stock market on January 23, 2025, reflects a mixed performance, with the Dow Jones rising, the Nasdaq Composite dipping, and the S&P 500 nearing record levels.
The Dow Jones Industrial Average (DJIA) struck a middling tone on Thursday, churning around the 43,200 handle and testing down around 100 points on the day. Price action is hung up on the 50-day Exponential Moving Average (EMA), and investors await any sign of data that could signal a faster pace of rate cuts from the Federal Reserve (Fed).
The S&P 500 ( ^GSPC) was little changed, coming off a three-day win streak that saw the benchmark index close Wednesday on the cusp of setting a new all-time high. The Dow Jones Industrial Average ( ^DJI) traded 0.2% higher, with a record not far off.
The Fund seeks to provide investment results that correspond, before expenses, to the price and yield performance of the Dow Jones Industrial Average (the DJIA). The Fund holds a portfolio of the ...
The Dow Jones Industrial Average was up 776 points, or 1.8%, at 43,294. The S&P 500 was up roughly 111 points, or 1.9%, at 5,954. The Nasdaq Composite was up about 469 points, or 2.5%, near 19,514.
U.S. stocks rose to a record Thursday as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 climbed 0.5% to surpass its record set early last month after coming close the day before.
CoinDesk Bitcoin Price Index is down $950.28 today or 0.91% to $103320.10 --Worst two day stretch since the two days ending Jan. 9, 2025, when it fell 4.77% --Down 3.2% from its all-time high of $106734.51 on Dec. 17, 2024 (based on 4 p.m. levels)
The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
Bitcoin continues to trade at record levels. According to checkonchain data, Wednesday's $130 billion bitcoin (BTC) volume was one of the highest
Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.
European markets open higher while Asian stocks are mixed after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets
Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.