
In the last trading session of 2025, the main indices in “Wall Street” closed lower, but still achieved significant annual gains. This year was volatile, dominated by uncertainty about tariffs imposed by President “Donald Trump” in addition to optimism about artificial intelligence stocks.
The “Standard & Poor’s 500”, “Dow Jones Industrial Average” and “Nasdaq Composite” indices recorded gains in the double digits this year, the third consecutive year that these indices have seen such gains. According to “Reuters”, the last time “Wall Street” witnessed three consecutive years of gains was between 2019 and 2021.
The “Dow Jones” index also recorded its eighth consecutive monthly gain, the longest series of monthly gains since 2017-2018. This rise has been boosted by strong demand for artificial intelligence stocks, pushing the three indices to record levels this year.
According to preliminary data, the “Standard & Poor’s 500” index fell by 50.37 points, or 0.73%, to close at 6847.18 points, while the “Nasdaq Composite” index lost 178.03 points, or 0.76%, to reach 23241.05 points. The “Dow Jones Industrial Average” fell 301.95 points or 0.62% to 48065.11 points.
During the day, the energy and technology sectors declined. Shares of “Microsoft”, which is among the largest companies with weight, fell, and shares of “E.Q.T.” fell sharply.
“I don’t expect the last few days to have a significant impact on next year’s performance, it’s perfectly fine in any bull market to have moments of pullback,” said “Giuseppe Citti”, co-founder and president of “Reflexivity”, noting opportunities to take profits when liquidity was low.
“Wall Street” made an impressive recovery from its lows in April when “Trump” tariffs in what he called “Liberation Day” led to a collapse in global markets, pushing investors away from US stocks and threatening growth through uncertainty about interest rate expectations.
However, the annual gains of the benchmark “Standard & Poor’s 500” index still lag behind some global indices, particularly the “Asia-Pacific ex-Japan Index”, which rose by about 27% in 2025 as stock investors relied on diversification.
“Nvidia”, the leading chip maker, which has seen a sharp rise since the beginning of the year, was one of many beneficiaries of the artificial intelligence trade, becoming the first publicly traded company to reach a market value of five trillion dollars.
The telecommunications services index emerged as the best-performing index on the broader “Standard & Poor’s 500” this year, boosted by a significant jump in shares of “Alphabet”, the owner of “Google”.