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U.S. stocks closed lower on January 24, 2025, with the Dow Jones down 140.80 points, or 0.32%, finishing at 44,424.27. The S&P 500 declined by 17.23 points, or 0.28%, to close at 6,101.48, while the Nasdaq fell 92.49 points, or 0.46%, ending at 19,961.19. Despite this downturn, all three major indexes recorded their second consecutive week of gains, with the S&P 500 and Nasdaq each rising 1.7% for the week, and the Dow climbing 2.1%. The mixed economic data and earnings reports contributed to the market's pullback, as investors prepared for an upcoming Federal Reserve meeting. Notably, the tech sector, particularly stocks like Nvidia, was a significant drag on performance.
Weekend markets update: #DAX 21349 -0.07% #DOW 44362 -0.07% #NASDAQ 21708 -0.29% #FTSE 8477 -0.03% #HANGSENG 20257 +0.53% #GBPUSD 12485 +0.02% #EURUSD 10496 +0.01% #USDJPY 15588 -0.07% #GOLD 2771 -0.01% #IGWeekendMarkets
Weekend markets update: #DAX 21348 -0.07% #DOW 44362 -0.07% #NASDAQ 21707 -0.30% #FTSE 8477 -0.03% #HANGSENG 20177 +0.13% #GBPUSD 12485 +0.02% #EURUSD 10496 +0.01% #USDJPY 15597 -0.01% #GOLD 2771 -0.01% #IGWeekendMarkets
Weekend markets update: #DOW 44361.2 -0.07% #NASDAQ 21712.8 -0.27% #DAX 21354 -0.04% #HANGSENG 20148.6 +0.00% #FTSE 8479.3 +0.01% #EURUSD 1.04953 +0.01% #GBPUSD 1.24841 +0.02% #USDJPY 156.019 +0.02% #GOLD 2770.7 -0.01% #IGWeekendMarkets