Stock summary: S&P 500 posted weekly gains of 1.77%

As of January 24 at 4:52 PM GMT-5, the S&P 500 closed at 6,101.24, reflecting an increase of +105.84 points (1.77%) over the past five days.

Advertisement

As of January 24 at 4:52 PM GMT-5, the S&P 500 closed at 6,101.24, reflecting an increase of +105.84 points (1.77%) over the past five days. This marks a significant upward trend, highlighting robust market activity during this period.

The day’s trading session opened with the index at 6,121.43, signaling a positive start compared to the previous close of 6,118.71. Throughout the session, the market exhibited notable volatility, reaching an intraday high of 6,128.18 and a low of 6,088.74.

The U.S. stock market, especially the top indices witnessed mixed performance after Donald Trump assumed office as the U.S. President. During his first week, Trump made several decisions including his $500 billion artificial intelligence infrastructure program which caused the S&P 500 stock to rise during this week.

Advertisement

Disclaimer: This article is for informational purposes only and does not constitute any financial advice.