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US stock markets end 2025 with double-digit gains as AI trade fuels rally

Dow, S&P 500 and Nasdaq closed 2025 with strong double-digit annual gains, supported by AI-driven market momentum.
In 2025, major US stock indexes including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite posted strong annual gains, driven in part by heavy investor interest in AI-related stocks and resilient corporate earnings. Although markets saw modest declines in late sessions, the S&P 500 finished the year up around 16% while the Nasdaq gained about 19–20% and the Dow rose roughly 13%.