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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%.
Some of the biggest gainers were mega-cap tech stocks like Tesla, which was up 6%. Broadcom, Netflix, and Amazon all ended the shortened trading day higher about 2%.
The biggest gainers include Elon Musk, Larry Ellison, and Warren Buffett. Stocks rallied to records after Trump's win as markets see a coming era of looser regulation and lower taxes.
Why one firm sees the US stock market headed for a third-straight year of 20% gains in 2025. In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 2% to $73.11 a barrel.
While the S&P 500 was first introduced in 1923, it wasn't until 1957 when the stock market index was formally recognized, thus some of the following records may not be known by sources. [ 1 ] Largest daily percentage gains [ 2 ]
Good morning, investor! We’re ready to start off another busy day of trading with a breakdown of the biggest pre-market stock movers for Thursday! Source: Shutterstock We’re still knee-deep in ...