Market Update — Month Ending January 31, 2025

Markets Rally in January

Markets rallied in January, as improving fundamentals and a solid economic backdrop helped support stocks to start the year. The S&P 500 gained 2.78 percent for the month while the Dow Jones Industrial Average rose 4.78 percent. Technology stocks faced headwinds during the month; however, the Nasdaq Composite still managed to notch a 1.66 percent gain in January.