LEIBOVIT VR NEWSLETTERS – MONDAY – JANUARY 27, 2025
GROUNDHOG DAY ONE WEEK AWAY – FEBRUARY 2!
U.S. Stocks Move To The Downside But Post Strong Weekly Gains
After turning in a relatively lackluster performance early in the session, stocks moved mostly lower over the course of the trading day on Friday. The
major averages all moved to the downside, with the S&P 500 giving back ground after reaching a new record intraday high.
The major averages climbed off their worst levels going into the close but remained in negative territory. The Dow fell 148.82 points or 0.3 percent to
44,424.25, the Nasdaq slid 99.38 points or 0.5 percent to 19,954.30 and the S&P 500 dipped 17.37 points or 0.3 percent to 6,101.24.
Despite the pullback on the day, the major averages still posted strong gains for the holiday-shortened week. While the Dow surged by 2.2 percent, the
Nasdaq and the S&P 500 both jumped by 1.7 percent.
The weakness that emerged on Wall Street may have reflected concerns about the outlook for interest rates ahead of the Federal Reserve’s monetary policy
meeting next week.
While the […]
VR TRADING ACE – FRIDAY, JANUARY 24, 2025 – NEW PODCAST BELOW
S&P 500 Reaches New Record Closing High As U.S. Stocks Extend Uptrend
Stocks moved mostly higher over the course of the trading day on Thursday, extending the strong upward move seen over the past several sessions. The S&P 500 closed higher for the seventh time in the past eight sessions, reaching a new record closing high.
The major averages reached new highs going into the close of trading. The Dow jumped 408.34 points or 0.9 percent to 44,565.07, the S&P 500 climbed 32.34 points or 0.5 percent to 6,118.71 and the Nasdaq rose 44.34 points or 0.2 percent at 20,051.68.
The markets continued to benefit from recent upward momentum, which has help stocks largely offset the sell-off […]
