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progree

(12,241 posts)
Tue Mar 4, 2025, 12:04 PM Mar 2025

S&P 500 closed Wednesday 8/27 at 6481, up 0.2% for the day, and up 10.2% year-to-date. AI demand weakening?

This discussion thread is pinned.

Last edited Wed Aug 27, 2025, 07:21 PM - Edit history (153)

Year to date (YTD) is from the Dec 31 closing level.

The S&P 500 closed at a new all-time high

Market news of the day: https://finance.yahoo.com/
https://finance.yahoo.com/news/live/stock-market-today-sp-500-vaults-to-record-high-with-nvidia-earnings-set-to-provide-key-test-200027701.html

AFTER HOURS: NVIDIA beat earnings expectations but had disappointing data center sales, raising questions about AI demand.

50% tariffs on India went into effect today (because of purchasing oil from Russia. But isn't Russia merely defending itself from Ukrainian aggression? (lately Rump is back to repeating Russian talking points).

Cracker Barrel went back to its old logo with the old-timer. Some say the new-but-now-retracted logo was a mistake, but wow, all the new brand-awareness publicity it got / is getting.

10 year Treasury yield: 4.24%, down .02 percentage points.

Rate cut bets: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

=============================================
The S&P 500 closed Wednesday August 27 at 6481, up 0.2% for the day, to a new all-time high
and up 12.1% from the 5783 election day closing level,
and up 8.1% from the inauguration eve closing level,
and up 10.2% year-to-date (since the December 31 close)

S&P 500
# Election day close (11/5/24) 5783
# Last close before inauguration day: (1/17/25): 5997
# 2024 year-end close (12/31/24): 5882
# All-time closing high: 6467 on 8/13/25
# Trump II era low point (going all the way back to election day Nov5): 4983 on April 8

# Several market indexes: https://finance.yahoo.com/
# S&P 500: https://finance.yahoo.com/quote/%5EGSPC/
https://finance.yahoo.com/quote/%5EGSPC/history/

========================================================

I'm not a fan of the DOW as it is a cherry-picked collection of just 30 stocks that are price-weighted, which is silly. It's as asinine as judging consumer price inflation by picking 30 blue chip consumer items, and weighting them according to their prices. But since there is an automatically updating embedded graphic, here it is. It takes several, like 6 hours, after the close for it to update, like about 10 PM EDT.
(If it still isn't updated, try right-clicking on it and opening in a new tab. #OR# click on https://finance.yahoo.com/quote/%5EDJI/ ).

The Dow closed Tuesday at 45,418, and it closed Wednesday at 45,565, a rise of 0.3% (147 points) for the day

I don't maintain statistics for the DOW like percent up or down since election day, or year-to-date, or from the all-time high etc. like I do for the S&P 500.

https://finance.yahoo.com/
DOW: https://finance.yahoo.com/quote/%5EDJI/
. . . . . . https://finance.yahoo.com/quote/%5EDJI/history/

DOW
# Election day close (11/5/24) 42,222
# Last close before inauguration day: (1/17/25): 43,488
# 2024 year-end close (12/31/24): 42,544
# DOW All Time High: 12/4/24: 45,014

# Correction level beginning 10% down: 40,513,
# Bear market level: beginning 20% down: 36,011 (we've not reached that level yet in Trump II so far)

DJIA means Dow Jones Industrials Average. It takes about 6 hours after the close to update, so check it after 10 PM EDT


I don't have an embeddable graph for the S&P 500, unfortunately, but to see its graph, click on https://finance.yahoo.com/quote/%5EGSPC/

While I'm at it, I might as well show Oil and the Dollar:

Crude Oil


US Dollar Index (DX-Y.NYB)


If you see a tiny graphics square above and no graph, right click on the square and choose "load image". There should be a total of 3 graphs. And remember that it typically takes about 6 hours after the close before these graphs update.

14 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
S&P 500 closed Wednesday 8/27 at 6481, up 0.2% for the day, and up 10.2% year-to-date. AI demand weakening? (Original Post) progree Mar 2025 OP
Kicking for the milestone update - S&P 500's first close below the election day close. How major indexes fared: progree Mar 2025 #1
Kicking: update for Thurs. March 6 close. The "Trump Trade" is back underwater after losing 1.8% for the day (S&P 500) progree Mar 2025 #2
Kicking: Update: S&P 500 closed Friday at 5770, up 0.5% for the day but still below the election day close progree Mar 2025 #3
Update: S&P 500 closed Monday 3/10 at 5615, down 2.7% for the day and 2.9% below the election day close progree Mar 2025 #4
Update: S&P 500 closed Tuesday 3/11 at 5572, down 0.8% for the day, briefly fell into correction territory progree Mar 2025 #5
S&P 500 closed Wednesday 3/12 at 5599, up 0.5% for the day, but down 3.2% since election day progree Mar 2025 #6
Update: S&P 500 closed Thursday at 5522, down 1.4% for the day, and MORE THAN 10% down from the all-time high progree Mar 2025 #7
Update: S&P 500 closed Friday at 5639, up 2.1% for the day, and down 2.5% since election day progree Mar 2025 #8
Update: S&P 500 closed Monday at 5675, up 0.6% for the day, and down 1.9% since election day progree Mar 2025 #9
Update: S&P 500 closed Tuesday at 5615, down 1.1% for the day, and down 2.9% since election day progree Mar 2025 #10
S&P 500 closed Tuesday 3/25 at 5777, up 0.2% for the day, down 0.1% since election day, down 6.0% from ATH progree Mar 2025 #11
S&P 500 closed Wednesday 4/02 at 5671, up 0.7% for the day, down 1.9% since election day, down 7.7% from ATH progree Apr 2025 #12
We're nearing the top. Arizona78 Jul 4 #13
Krugman Arizona78 Jul 4 #14

progree

(12,241 posts)
1. Kicking for the milestone update - S&P 500's first close below the election day close. How major indexes fared:
Tue Mar 4, 2025, 05:11 PM
Mar 2025

Last edited Tue Mar 4, 2025, 05:51 PM - Edit history (1)

How major US stock indexes fared Tuesday, AP, 3/4/2025
https://finance.yahoo.com/news/major-us-stock-indexes-fared-211928579.html

Here's the Year-to-date ones from the article:
# S&P 500: down 1.8%
# Dow: down 0.1%
# Nasdaq down: 5.3%
# Russell 2000 (the small caps): down 6.8%

Not in the article is that the S&P 500 is down 5.9% from its all time closing high of 6144 on Feb 19.

progree

(12,241 posts)
2. Kicking: update for Thurs. March 6 close. The "Trump Trade" is back underwater after losing 1.8% for the day (S&P 500)
Thu Mar 6, 2025, 05:44 PM
Mar 2025

See OP for the statistics.

progree

(12,241 posts)
3. Kicking: Update: S&P 500 closed Friday at 5770, up 0.5% for the day but still below the election day close
Fri Mar 7, 2025, 06:35 PM
Mar 2025

See OP for details

progree

(12,241 posts)
4. Update: S&P 500 closed Monday 3/10 at 5615, down 2.7% for the day and 2.9% below the election day close
Mon Mar 10, 2025, 04:20 PM
Mar 2025

see OP for details.

progree

(12,241 posts)
5. Update: S&P 500 closed Tuesday 3/11 at 5572, down 0.8% for the day, briefly fell into correction territory
Tue Mar 11, 2025, 04:22 PM
Mar 2025

Details in OP.

progree

(12,241 posts)
6. S&P 500 closed Wednesday 3/12 at 5599, up 0.5% for the day, but down 3.2% since election day
Wed Mar 12, 2025, 05:20 PM
Mar 2025

See OP for details, and a graph of the DOW.

progree

(12,241 posts)
7. Update: S&P 500 closed Thursday at 5522, down 1.4% for the day, and MORE THAN 10% down from the all-time high
Thu Mar 13, 2025, 04:19 PM
Mar 2025

Details in the OP.

progree

(12,241 posts)
8. Update: S&P 500 closed Friday at 5639, up 2.1% for the day, and down 2.5% since election day
Fri Mar 14, 2025, 04:23 PM
Mar 2025

Details in the OP.

progree

(12,241 posts)
9. Update: S&P 500 closed Monday at 5675, up 0.6% for the day, and down 1.9% since election day
Mon Mar 17, 2025, 05:48 PM
Mar 2025

Details in OP.

progree

(12,241 posts)
10. Update: S&P 500 closed Tuesday at 5615, down 1.1% for the day, and down 2.9% since election day
Tue Mar 18, 2025, 04:16 PM
Mar 2025

Details in OP.

progree

(12,241 posts)
11. S&P 500 closed Tuesday 3/25 at 5777, up 0.2% for the day, down 0.1% since election day, down 6.0% from ATH
Tue Mar 25, 2025, 10:03 PM
Mar 2025

Details in OP. ATH is All Time High. I don't kick this every market day, but it's been several days, and it's gotten well down on the listings, so I decided to kick it. It looks like the Trump slump since election day is about at an end, only 0.1% down since election day, and with 3 straight market days of gains. Since inauguration day, its down 3.7%.

progree

(12,241 posts)
12. S&P 500 closed Wednesday 4/02 at 5671, up 0.7% for the day, down 1.9% since election day, down 7.7% from ATH
Wed Apr 2, 2025, 04:46 PM
Apr 2025

ATH is All Time High. Details in OP including more comparisons like down 5.4% since pre-inauguration day, and down 3.6% year-to-date.

I don't kick this every market day, but it's been several days, and it's gotten well down on the listings, so I decided to kick it. Note this closing is moments before the announcement of "Liberation Day" tariffs, so it's a good benchmark to compare to what follows in the next few days.

Arizona78

(8 posts)
13. We're nearing the top.
Fri Jul 4, 2025, 03:09 AM
Jul 4

Trump’s bill could soon trigger a repo market crisis and push America and much of the world—toward bankruptcy. Something massive is on the horizon. Get ready.

Arizona78

(8 posts)
14. Krugman
Fri Jul 4, 2025, 03:21 AM
Jul 4

Paul Krugman is deeply concerned about the uncontrolled rise in debt, which could sharply push up interest rates leading to bankruptcy.

https://paulkrugman.substack.com/p/trumps-big-beautiful-debt-bomb

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