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The Guardian - US
The Guardian - US
Business
Callum Jones in New York

Wall Street ends 2025 near record highs after year of economic upheaval

Men in amusing glasses on stock exchange floor
Traders on the floor of the New York stock exchange on New Year’s Eve. Photograph: Timothy A Clary/AFP/Getty Images

Wall Street finished 2025 near record highs on Wednesday, as ballooning tech valuations and hopes of lower interest rates helped stock markets defy a year of economic uncertainty.

The benchmark S&P 500 rose 16.4% over the course of the year, closing at 6,845.50 on New Year’s Eve in New York, as investors largely shrugged off geopolitical uncertainty and the frenzy around artificial intelligence continued.

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