From Financial Modeling Prep: 2025-01-28 05:41:26

The S&P 500 closed lower on Friday, ending a four-day winning streak with a 0.3% dip to 6,101.24. The Nasdaq fell 0.5% to 19,954.30, and the Dow Jones declined by 140.82 points to 44,424.25.

Tech giants like Nvidia and Tesla saw declines, contributing to the market pullback after a week of gains and record highs.

Despite Friday’s dip, major indexes posted gains for the second consecutive week: S&P 500 +1.7%, Nasdaq Composite +1.7%, Dow Jones +2.2%.

Investors are now focused on upcoming monetary policy meetings from the FOMC and ECB, with expectations of steady rates from the Fed and a possible rate cut from the ECB.



Read more at Financial Modeling Prep:: S&P 500 Retreats After Record-Setting Week as Prof…