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The market's positive open follows four consecutive days of losses in the final trading days of 2024. Still, the S&P 500 surged 23% to notch back-to-back annual gains of over 20%.
The largest one-day percentage gain in the index happened in the depths of the 1930s bear market on March 15, 1933, when the Dow gained 15.34% to close at 62.10. However, as a whole throughout the Great Depression, the Dow posted some of its worst performances, for a negative return during most of the 1930s for new and old stock market investors.
(The intraday high may not be the same as the opening price; for instance, in the 2010 flash crash, the market reached an intraday high, higher than the opening price.) [48] This is distinguished from an intraday point drop or gain, which is the difference between the opening price and the intraday low or high.
The two tables below show the largest one-day changes between a given day's close and the close of the previous trading day in terms of points. [ 3 ] Largest daily point gains [ 2 ]
The Dow Jones Industrial Average gained around 29 points to close 0.1% higher, while the S&P 500 fell slightly to close nearly flat. The Nasdaq also fell slightly, down 0.1%.
Indexes closed lower in the first trading day of the year on Thursday. The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more ...