SPX: still in a Holiday mood
The sentiment from the last week of December, was holding on the market also in the first trading week of 2025. There were both days with a positive and negative sentiment. For the second week in a row, the market was trading in a negative mood during the week, ending with Friday's positive shift to the upside. The S&P 500 reached its lowest weekly level at 5.837, at the same level as two weeks ago, and then reverted back toward the 5.944 on Friday.
Tech stock companies were the ones that spotted investors' attention on Friday. The market favourite Nvidia jumped by 4,7% and Super Micro Computers was traded higher by 10,9%. Analysts were noting that spending on AI and chips would certainly bring AI related companies to the higher grounds in 2025. Microsoft already announced plans to invest $80 billion on AI-enabled centres this year, which supported investors' interest for stock within the AI and AI-chips industry. These trends are likely to continue through 2025 also with other companies within the tech industry.
Tech stock companies were the ones that spotted investors' attention on Friday. The market favourite Nvidia jumped by 4,7% and Super Micro Computers was traded higher by 10,9%. Analysts were noting that spending on AI and chips would certainly bring AI related companies to the higher grounds in 2025. Microsoft already announced plans to invest $80 billion on AI-enabled centres this year, which supported investors' interest for stock within the AI and AI-chips industry. These trends are likely to continue through 2025 also with other companies within the tech industry.
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