Reported about 1 year ago
Wall Street had a strong first half in 2024, with the S&P 500, Dow Jones, and Nasdaq all showing gains. The market was boosted by factors like the AI trend, rate cuts, and profit growth, with analysts optimistic about the stock market's future. Predictions for the second half include continued growth in the Tech sector, AI fueling market growth, potential rate cuts, popularity of single-stock ETFs, and anticipated market volatility due to the upcoming U.S. Presidential election.
Source: YAHOO