Key Takeaways The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes.Tesla stock surged after reports of strong demand in China for its updated Model Y and upbeat analyst commentary on its AI and robotaxi initiatives.
Since 2020, the Magnificent 7 stocks have soared an average of 640%, dwarfing the SP 500s 100% gain and now accounting for 34% of the indexs weight, according to Jefferies. Performance within the group varies widely,
Easing inflation boosts US stock markets. Tesla jumps 5%, Goldman Sachs rises 4.9%. S&P 500 hits one-week high as Fed rate cut speculation grows.
If that trend continues, it's unlikely the consumer staples, energy, real estate, healthcare, or materials sectors will beat the S&P 500 in 2025. However, if there is a sell-off across mega-cap growth stocks, it would drag down the S&P 500 and make it easier for the lower-weighted sectors to beat the index.
There are 11 stock market sectors, but only three beat the S&P 500 last year: communications, financials, and consumer discretionary. Even the technology sector underperformed the S&P 500 last year. In fact, only 148 S&P 500 components beat the index last year, meaning over 70% of components underperformed the index.
Producer price data signals softer inflation, lifting Dow. Nasdaq, S&P 500 under pressure as Nvidia and Meta fall. CPI report looms for further insights.
The S&P 500 snapped its winning streak on Thursday. UnitedHealth’s disappointing results and a rotation away from Big Tech dragged on the major indexes. The market benchmark dipped 0.2%, its first daily decline since Friday.
Tesla's stock was rallying 5% in recent trading, and has now run up 72.8% since the election. CEO Elon Musk's cozying up to Trump has provided a $587.83 billion boost to the EV giant's market cap since the election,
Tesla's stock (TSLA) powered up 6% in afternoon trading, to provide an $80.2 billion boost to the company's market capitalization, which is currently at $1.41 trillion. Since Trump's election win, the stock has soared 74.5% to add $601.3 billion to Tesla's market cap.
Tesla (NASDAQ: TSLA) stock saw significant gains Friday thanks to multiple catalysts. The company's share price closed out the daily session up 3.1% and had been up as much as 6.3% earlier in trading.
Investors are appraising Trump policies' likely impact on stocks on the last trading day before the inauguration.
The Dow, S&P 500, and Nasdaq rose Friday on the last trading day of Joe Biden's presidency as the stock market braces for change under Donald Trump.