Rising technology stocks helped U.S. indexes recover more of their holiday-season slide that bridged the new year.

A soft finish to 2024 still left stocks with a second straight stellar year. The S&P 500 logged a 23.3% gain, which follows a 24% rise in 2023. The combined gains of more than 53% was the largest two-year percentage jump for the index since year-end 1998,

Shares of the AI server maker were on track to notch a yearly gain of just 6% on Tuesday afternoon — far less than other AI-themed stocks that have thrived in the bull market in 2024. And despite turning positive for the year in December, Super Micro shares remained far below their highs near $120 in mid-March.

TOKYO (AP) — Asian markets shares were mixed on Tuesday, with trading closed in Tokyo and Seoul for New Year holidays.

Rising technology stocks on Monday helped U.S. indexes recover some more of their holiday-season slide that bridged the new year. The S&P 500 added 0.6% for a second straight gain following five straight losses,

European shares fell on Friday after a mixed trading session in Asia, as mainland Chinese markets extended their losses for the first week of the new year. Germany’s DAX shed 0.3% to 19,967.34 and the CAC 40 in Paris lost 0.

Analysts see corporate earnings improving beyond just big tech names. From market psychology and monetary policy to the White House and Federal Reserve, there are a lot of factors that move the stock market.