As of January 13, 2025, the stock market exhibited mixed performance, with notable movements across various sectors.

Major Indices Performance

Dow Jones Industrial Average: Rose by approximately 0.6%, adding nearly 300 points.

Nasdaq Composite: Declined by 0.7%, indicating a downturn in technology stocks.

S&P 500: Experienced a marginal decrease of 0.01%, reflecting a balanced performance across sectors.

Sector Highlights

Technology: Quantum computing stocks such as D-Wave Quantum and Rigetti Computing saw significant declines, following comments from Meta Platforms CEO Mark Zuckerberg, who downplayed the immediate practicality of quantum computing.

Energy: Demonstrated strength, contributing positively to the market.

Healthcare: UnitedHealth, a component of the Dow Jones, showed positive performance, aiding the index's rise.

Notable Company Movements

Trump Media & Technology: Surged nearly 19% ahead of Donald Trump's inauguration, reflecting investor optimism.

Nvidia: Dropped by nearly 3% due to proposed AI chip export restrictions by the Biden administration.

Howard Hughes Corporation: Experienced significant gains following a buyout proposal by Bill Ackman.

Cryptocurrency Market

Bitcoin: Fell more than 3%, dipping below the $92,000 level.

Related Stocks: Companies like MicroStrategy and Coinbase also declined, contributing to a broadly bearish sentiment in the crypto market.

Investor Sentiment

The market's mixed performance reflects a cautious investor sentiment, influenced by sector-specific developments and broader economic indicators.

For more detailed coverage, you can refer to the live blog by Investor's Business Daily.