The Vanguard S&P 500 ETF (VOO) closed at $538.81 on December 31, 2024, down 0.4% as the S&P 500 index fell 0.43% to 5881.63 amid a subdued trading session. The decline in the index was influenced by a late-year slump, with large-cap technology stocks leading the downturn. Tesla, Nvidia, Apple, Microsoft, and other tech giants saw declines, contributing to the broader market's weakness. Tesla's shares fell 3.3% ahead of its anticipated quarterly deliveries report, while Nvidia slipped 2.3%. The market's performance was further impacted by profit-taking and a lack of fresh catalysts, as investors positioned themselves for the New Year. Despite the recent losses, the S&P 500 concluded 2024 with a 23% gain, marking a second consecutive year of over 20% growth.