The Vanguard S&P 500 ETF (VOO) closed at $534.58 on January 13, 2025, up 0.13% as the S&P 500 Index rose 0.16% to 5,836.22, buoyed by robust earnings and economic resilience. Despite the Federal Reserve's cautious stance and a lower rate cut outlook, the market found support from the "Trump economy" and AI build-out, which are seen as constructive tailwinds. Infrastructure, defense, technology, and fiscal stimulus are driving potential growth, countering concerns about a market slowdown, higher inflation, and a more hawkish Fed. Analysts maintain a year-end SPX target of 7,000, suggesting optimism for high-quality U.S. stocks.