The longest-running bull market in history lasted nearly 11 years. From March 9, 2009, to March 11, 2020, the S&P 500 experienced an unprecedented bull run, fueled by post-financial crisis recovery, low interest rates, and strong corporate earnings. This rally saw the index rise by more than 400% before the COVID-19 pandemic triggered a sharp decline in early 2020.
Market Wrap
U.S. stock markets rebounded following a significant sell-off in the technology sector the previous day. The recovery was driven by gains in major technology stocks.
On the economic front, the Conference Board reported a decline in consumer confidence in January, indicating that Americans felt less optimistic about the current state of the economy.
Additionally, President Donald Trump announced plans to impose tariffs on imported computer chips, pharmaceuticals, and steel, raising concerns about potential inflationary pressures and impacts on global trade.
Investors are now looking ahead to major tech earnings reports and the Federal Reserve's upcoming interest rate decision, which are expected to provide further direction for the markets.
Nvidia's stock rebounded by over 8% after a significant decline the previous day. The initial drop was triggered by the launch of DeepSeek, a Chinese AI tool perceived as a competitive threat. Investors viewed the sell-off as an overreaction and seized the opportunity to buy the dip.
Apple shares rose almost 4%, contributing significantly to the Nasdaq's gains. As well as the general tech recovery, there is investor optimism ahead of the company's upcoming earnings report.
Lockheed Martin's stock declined by 9.2% after the company reported fourth-quarter results that, despite exceeding adjusted earnings expectations, showed a year-over-year decrease in net sales. Additionally, the company issued lower-than-expected profit guidance for 2025 due to delays in the F-35 fighter jet program.
Boeing's stock experienced volatility, rising initially by 6% before giving up some the initial gains, after reporting its largest annual loss since 2020. Investors appeared to focus on the company's progress in stabilizing production and clearing backlogs.
CrowdStrike Holdings' stock surged 9.3% to a record high after Chinese AI startup DeepSeek reported a large-scale cyberattack. The incident heightened awareness of vulnerabilities in AI platforms, suggesting increased demand for cybersecurity solutions.
Royal Caribbean shares surged 12% following the release of strong quarterly earnings and an optimistic outlook for 2025. The positive performance is linked to increased demand for cruises and effective cost management.
General Motors' stock fell over 8% despite reporting fourth-quarter results and a 2025 earnings forecast that exceeded expectations. The decline may be due to concerns over future profitability and market conditions.
JetBlue Airways' shares plunged more than 25% following a downbeat outlook for the first quarter and the upcoming fiscal year. Despite reporting a smaller-than-expected net loss for the fourth quarter, the airline projected declines in available seat miles and rising costs, which concerned investors.
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