By Park-Elm|
2025-02-04T16:25:58+00:00
February 4th, 2025|Markets|
- U.S. markets closed down the final trading day of the month after news of impending tariffs sparked renewed market jitters. It was a rollercoaster January, characterized by another all-time closing high for the S&P 500®, followed by a sharp selloff after a new AI model from China sent shockwaves through the world. Nevertheless, thanks to relatively strong earnings results and robust consumer spending, the S&P 500 remained resilient, concluding the month with a 3% gain.
- Mid and small caps outperformed their large-cap peers, with the S&P MidCap 400® and S&P SmallCap 600® up 4% and 3% respectively. Concerns surrounding Fed rate cut uncertainty and inflation continued to weigh on investors.
- Most sectors posted gains in January, led by Communication Services, Health Care and Financials. Information Technology was the only laggard, down 3% upon AI related headwinds.dashboard-us-2025-01