T&G Market Recap: Nvidia & Tesla Ignite Friday Fireworks—Wall Street Drops the Frown, Ends Week on a High Note 🎵
Downbeat Start to 2025 Gets a Tech Turbocharge as ‘Magnificent’ Stocks Lift the Party Again 🚀🔥
Friday Flip: Markets Rally to End a Loser Week
After a rough few days, US stocks decided to close out the week with style:
S&P 500: +1.3%
Dow Jones: +0.8%
Nasdaq: +1.8%
That bounce snapped the S&P 500’s five-day losing skid—its worst streak since April. It sure didn’t feel like a so-called “Santa Claus Rally” earlier in the week, but hey, we’ll take any splash of green to usher in the new year. This final pop prevented an even uglier weekly tally, though the indexes still posted a net loss. Womp womp. 😐
Big Tech to the Rescue: Nvidia & Tesla
Nvidia (NVDA) jumped a cool 4% on top of Thursday’s sizeable gain, reminding everyone that AI hype is alive and well. The same battered Tesla (TSLA) soared a whopping 8% despite drama earlier in the week. The electric car maker’s global sales may have dipped last year, but news of record numbers in China turned the narrative around faster than a Model S in Ludicrous Mode. 🏎️💨
Why It Matters: Tech is basically the stock market’s engine right now. When Nvidia or Tesla rev up, it yanks the Nasdaq (and often the S&P 500) out of the ditch. At least for the day.
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