Reported about 21 hours ago
The stock market in 2024 defied expectations, with the S&P 500 achieving a 24.3% increase and setting 57 all-time highs. Big Tech companies thrived, while Bitcoin and gold also saw significant gains, partly driven by the Federal Reserve's interest rate cuts. Economic growth outperformed expectations as the U.S. economy showed resilience despite earlier fears of recession. However, challenges like high office vacancy rates and a struggling housing market persisted.
Source: YAHOO