The S&P 500 index’s biggest sector, information technology, was rising sharply Friday afternoon, but the gains were not quite large enough to lift it into positive territory so far in 2025.
The tech sector was up 1.5% Friday afternoon, reducing its year-to-date loss to just 0.3%, according to FactSet data, at last check. Megacap stock Nvidia Corp.’s jump of around 3% on Friday afternoon was helping to fuel the tech rally ahead of a three-day weekend.
The U.S. stock market will be closed Monday for the national holiday honoring Martin Luther King Jr. MLK Day will fall on the same day as Donald Trump’s inauguration as U.S. president.