The S&P 500 has shown notable recovery, with over 58% of its stocks trading above their 200-day moving average, a significant increase from less than half the previous week. As of January 17, 2025, the S&P 500 closed at 5,993.27, up 55.93 points or 0.94%. The index has gained approximately 225 points from its lows earlier in the week, marking its best performance since the November election week. The market capitalization of the S&P 500 increased by about $1.9 trillion over the past four days. The Dow Jones Industrial Average rose by 308.03 points to 43,461.16, while the Nasdaq Composite gained 314.98 points, closing at 19,653.27. Analysts suggest that bulls are regaining control, with a focus on maintaining momentum above the 6,000 mark for the S&P 500.