Desla's Weekly Market Update: January 27, 2025
Posted on January 27, 2025 at 11:36 AM by Kailey Beebe
Desla's Weekly Market Update: January 27, 2025
Major Indices Reach New Milestones
Market Performance
The markets continued their upward trajectory last week, with three major indices achieving new milestones and posting gains for the second consecutive week.
- S&P 500: Closed at a record high for the year, supported by strong corporate earnings.
- Dow Jones: Recorded solid gains, fueled by strength in industrial and consumer sectors.
- Nasdaq: Posted gains, ending less than 1% away from a new closing high.
Economic Overview
The U.S. economy showed resilience last week, supported by steady corporate earnings and a robust labor market. The International Monetary Fund projected a growth rate of 2.7% for the U.S. economy, signaling continued progress. Wage growth persisted, although at varying rates across different sectors.
JPMorgan CEO Jamie Dimon expressed concerns about potentially inflated stock valuations. Meanwhile, the Wall Street Journal forecasted that the U.S. economy would outperform in 2025. Federal interest rates remained unchanged during the week.
Sector Highlights
- Technology: Delivered significant gains, with AI and cloud computing infrastructure advancements driving momentum. While performance among mega-cap stocks was mixed, the sector’s overall outlook remained positive.
- Energy: Experienced a slight dip last week as crude oil prices fell while natural gas prices remained relatively stable. However, cautious optimism held steady in the sector driven by growth in U.S. natural gas exports and potential regulatory shifts that could support future expansion.
Desla’s Insight
At Desla Wealth Management, we recognize that selectivity is essential in today’s market. As markets reach new milestones, we will continue to focus on companies with strong fundamentals, aiming to balance risk and reward. With economic resilience and innovation driving key sectors, we are identifying emerging opportunities while maintaining a disciplined approach to sustainable growth.
Staying ahead of the curve is key – understanding trends, anticipating shifts, and making informed decisions. To help you do this, we invite you to subscribe to our Insights Page for weekly updates, where we’ll continue monitoring market conditions and adjusting our strategies accordingly. Our goal is to help you make well-informed decisions and support your financial success in any market environment.
This information is being provided for informational purposes only and is not intended as investment advice. For more information about our services and fees, please consult our Form ADV 2, which is available here: https://adviserinfo.sec.gov/firm/summary/310235 For a list of all recommendations we have made over the past 12 months, please contact us at 515-452-0001.
Categories: January Market Updates