Stock Market Update for January 14, 2025

Published Jan 14, 2025 02:01 pm

On January 14, 2025, most U.S. stocks experienced gains following a positive inflation report. However, declines from notable companies like Eli Lilly impacted the overall market performance.

The S&P 500 index saw a modest increase of 0.1%, with three out of four stocks in the index posting gains. Meanwhile, the Dow Jones Industrial Average rose by 0.5%, while the Nasdaq composite registered a slight decline of 0.2%.

The uptick in stock prices was supported by a report indicating that inflation levels at the wholesale level were lower than anticipated for the previous month. Despite this positive news, Eli Lilly's share price fell after the company announced that growth in some of its popular products was not meeting its earlier expectations.

As of Tuesday:

The S&P 500 gained 6.69 points, or 0.1%, closing at 5,842.91.

The Dow Jones Industrial Average climbed 221.16 points, or 0.5%, finishing at 42,518.28.

The Nasdaq composite dropped 43.71 points, or 0.2%, ending at 19,044.39.

The Russell 2000 index, which tracks smaller companies, rose by 24.83 points, or 1.1%, to 2,219.24.

Looking at the week as a whole:

The S&P 500 is up 15.87 points, or 0.3%.

The Dow has increased by 579.83 points, or 1.4%.

The Nasdaq is down 117.24 points, or 0.6%.

The Russell 2000 is up 30 points, or 1.4%.

For the year so far:

The S&P 500 has fallen 38.72 points, or 0.7%.

The Dow is down 25.94 points, or 0.1%.

The Nasdaq is down 266.40 points, or 1.4%.

The Russell 2000 has decreased by 10.92 points, or 0.5%.

stocks, inflation, market