Reported 4 days ago
In 2024, global markets defied expectations of a slowdown, with Wall Street continuing its remarkable rally driven by strong AI stocks and U.S. economic growth. The S&P 500 rose 24%, buoyed by major gains in tech companies like Nvidia and Tesla, while European markets lagged. Concerns over rising U.S. tariffs and a strong dollar have hurt emerging market currencies significantly. As the year ends, investors face uncertainty following mixed signals from the U.S. Federal Reserve and geopolitical tensions impacting global markets.
Source: YAHOO