{"id":48679,"date":"2025-01-03T12:28:39","date_gmt":"2025-01-03T12:28:39","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-slip-as-tech-stocks-face-pressure\/48679\/"},"modified":"2025-01-03T12:28:39","modified_gmt":"2025-01-03T12:28:39","slug":"stock-market-today-major-indexes-slip-as-tech-stocks-face-pressure","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-slip-as-tech-stocks-face-pressure\/48679\/","title":{"rendered":"Stock Market Today: Major Indexes Slip as Tech Stocks Face Pressure"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-slip-as-tech-stocks-face-pressure\/48679\/#Market_Overview_Why_is_the_Market_Down_Today\" >Market Overview: Why is the Market Down Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-slip-as-tech-stocks-face-pressure\/48679\/#Key_Factors_Influencing_Todays_Market_News\" >Key Factors Influencing Today&#8217;s Market News<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-slip-as-tech-stocks-face-pressure\/48679\/#Stock_Market_Performance_and_Notable_Movers\" >Stock Market Performance and Notable Movers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-slip-as-tech-stocks-face-pressure\/48679\/#Upcoming_Market_Events_to_Watch\" >Upcoming Market Events to Watch<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-slip-as-tech-stocks-face-pressure\/48679\/#Expert_Insights_on_Market_News_Today\" >Expert Insights on Market News Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-slip-as-tech-stocks-face-pressure\/48679\/#High-Growth_Tech_Stocks_to_Watch\" >High-Growth Tech Stocks to Watch<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-slip-as-tech-stocks-face-pressure\/48679\/#Conclusion_Navigating_the_Current_Market_Landscape\" >Conclusion: Navigating the Current Market Landscape<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Market_Overview_Why_is_the_Market_Down_Today\"><\/span>Market Overview: Why is the Market Down Today?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On Friday, January 3, 2025, the U.S. stock market is experiencing a downturn, with major indexes slipping as investors grapple with mixed economic signals and profit-taking pressures. The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a><\/b> shed 0.22% to close at 5,868.55, while the <b>Nasdaq Composite<\/b> declined 0.16% to 19,280.79. The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average<\/b> lost 151.95 points, or 0.36%, ending the day at 42,392.27.<\/p>\n<p>This marks the fifth consecutive decline for both the S&#038;P 500 and Nasdaq, the longest losing streak since April 2024. The market&#8217;s performance today raises the question: <b>why is the market up today?<\/b> Ironically, it&#8217;s not. The recent downturn comes on the heels of a strong 23% rally in the S&#038;P 500 during 2024, suggesting that investors may be taking profits and reassessing their positions at the start of the new year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Factors_Influencing_Todays_Market_News\"><\/span>Key Factors Influencing Today&#8217;s Market News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Several factors are contributing to today&#8217;s market volatility:<\/p>\n<p>1. <b>Tech Stock Pressure<\/b>: Heavyweight stocks like Apple (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AAPL\">AAPL<\/a>) and Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>) are facing significant declines, with Apple down 2.6% and Tesla plummeting 6% following a rare decline in annual vehicle deliveries.<\/p>\n<p>2. <b>Economic Data<\/b>: Recent jobless claims data offered some relief, showing a week-over-week drop. However, investors remain cautious about upcoming economic indicators.<\/p>\n<p>3. <b>Treasury Yields<\/b>: The 10-year Treasury yield spiked to nearly 4.6% early in the day before retreating, indicating ongoing concerns about interest rates and inflation.<\/p>\n<p>4. <b>Profit-Taking<\/b>: After a strong performance in 2024, many investors are cashing in on gains, contributing to the market&#8217;s current weakness.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Performance_and_Notable_Movers\"><\/span>Stock Market Performance and Notable Movers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While the broader market is down, some stocks are making significant moves:<\/p>\n<p>&#8211; <b>Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>)<\/b>: Up 3%, helping to prop up some tech sector losses.<br \/>&#8211; <b>Rigetti Computing (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=RGTI\">RGTI<\/a>)<\/b>: Surged 31.06%, leading the day&#8217;s <a href=\"https:\/\/stockmarketwatch.com\/movers\/today\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Top Stocks\">top gainers<\/a>.<br \/>&#8211; <b>SoFi Technologies (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SOFI\">SOFI<\/a>)<\/b>: Down 8.25%, among the day&#8217;s biggest losers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_Market_Events_to_Watch\"><\/span>Upcoming Market Events to Watch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors should keep an eye on these upcoming events that could impact the <b><a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">stock market today<\/a><\/b> and in the near future:<\/p>\n<p>1. <b>ISM Manufacturing Employment Index<\/b>: Set to be released today at 10:00 AM EST, with the previous reading at 48.1.<br \/>2. <b>Earnings Reports<\/b>: Several companies are expected to release their quarterly results in the coming weeks, which could significantly influence market sentiment.<br \/>3. <b>Federal Reserve Policy<\/b>: Any statements or decisions from the Fed regarding interest rates and monetary policy will be closely watched by market participants.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Expert_Insights_on_Market_News_Today\"><\/span>Expert Insights on Market News Today<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Financial experts are providing varied perspectives on the current <b>market news today<\/b>:<\/p>\n<p>&#8211; Liz Young of SoFi suggests that investors may find opportunities in cash and bonds while waiting for better stock valuations.<br \/>&#8211; Analysts are closely monitoring the &#8220;January Barometer,&#8221; which posits that the market&#8217;s performance in January often sets the tone for the entire year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"High-Growth_Tech_Stocks_to_Watch\"><\/span>High-Growth Tech Stocks to Watch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite the overall market downturn, several high-growth tech stocks are attracting attention:<\/p>\n<p>1. Shanghai Baosight Software Ltd: 21.82% revenue growth, 25.22% earnings growth<br \/>2. Seojin System Ltd: 35.41% revenue growth, 39.86% earnings growth<br \/>3. Yggdrazil Group: 30.20% revenue growth, 87.10% earnings growth<br \/>4. Elliptic Laboratories: 70.09% revenue growth, 111.37% earnings growth<\/p>\n<p>These companies demonstrate strong fundamentals and innovative capabilities, potentially offering opportunities for investors looking to capitalize on tech sector growth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_Navigating_the_Current_Market_Landscape\"><\/span>Conclusion: Navigating the Current Market Landscape<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As we navigate the early days of 2025, the <b>stock market today<\/b> presents a complex picture. While facing short-term pressures, the market&#8217;s overall trajectory will depend on upcoming economic data, corporate earnings, and global events. Investors should remain vigilant, diversify their portfolios, and consider both defensive and growth-oriented strategies in this evolving financial landscape.<\/p>\n<p>Remember, while the <b>market news today<\/b> may seem bearish, it&#8217;s essential to maintain a long-term perspective and consult with financial advisors before making significant investment decisions. Stay tuned for further updates as we continue to monitor the dynamic world of finance and provide you with the latest <b>stock market news today<\/b>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: Why is the Market Down Today? On Friday, January 3, 2025, the U.S. stock market is experiencing a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94],"tags":[4,225,633,3825,3964],"class_list":["post-48679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-tsla","tag-aapl","tag-nvda","tag-sofi","tag-rgti"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/48679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=48679"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/48679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=48679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=48679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=48679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}