Reported 4 days ago
US stocks showed a slight decline on the final trading day of 2024, with the S&P 500 down 0.4%, the Dow Jones standing nearly flat, and the tech-heavy Nasdaq losing 0.9%. Despite this downward trend, the S&P 500 finished the year up 23% overall, matching the performance of 2023 and marking significant gains for the major indexes amid a booming market, particularly driven by advancements in artificial intelligence. Notably, the 'Magnificent Seven' stocks excelled, with Nvidia seeing over a 170% increase, while cryptocurrencies like Bitcoin also performed well despite recent fluctuations.
Source: YAHOO