Stocks surged on Friday, led by a rally in shares of major technology companies, as the market rebounded from a sluggish start to 2025.
The Dow Jones Industrial Average rose 0.8%, while the S&P 500 and Nasdaq Composite added 1.3% and 1.8%, respectively. The S&P 500 and Nasdaq snapped five-session losing streaks, while the Dow ended a streak of four straight days of declines.
Stocks had stumbled at the end of 2024—the Dow posted its worst month in more than two years in December—after riding high for most of the year, and the weakness carried into the first session of the new year on Thursday. Despite the hefty gains on Friday, the major indexes finished the holiday-shortened week with losses, with the Dow shedding 0.6%, while the S&P 500 and Nasdaq each fell 0.5%.
