Market
S&P 500 to close above 6,200 by March 31, 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
S&P 500 closing values as reported by major financial news outlets such as Bloomberg or CNBC
Story
Stocks Surge on Trump's AI Plan; S&P 500 Hits Record High, Dow Jumps 538 Points
Jan 22, 2025, 04:55 PM
U.S. stocks surged as President Donald Trump began his second term, with major indices reaching new record highs amid investor optimism over his economic agenda. The S&P 500 rose 0.6% to close at a new all-time high of 6,086.45 on January 22, 2025, after hitting an intraday record high of 6,100.81. The Dow Jones Industrial Average climbed 538 points, or over 1.2%, to close above the 44,000 level, while the Nasdaq Composite Index advanced 1.3%, buoyed by gains in blue-chip companies and strong earnings reports. Investor sentiment was bolstered by Trump's announcement of a significant artificial intelligence investment plan, dubbed the 'Stargate AI Project', as well as expectations of economic boosts in the banking and energy sectors. The absence of immediate new tariffs provided additional relief to traders concerned about potential trade disruptions. Despite initial volatility caused by uncertainty over tariff policies, markets rallied strongly in the first few days of Trump's second term, indicating confidence in the new administration's economic direction.
View original story
Similar markets
Increase by 2% to 3% • 25%
Increase by less than 1% • 25%
Increase by 1% to 2% • 25%
Increase by more than 3% • 25%
Gain between 10% and 20% • 25%
Gain of more than 20% • 25%
Loss of more than 10% • 25%
Gain less than 10% or loss • 25%
