Reported 4 days ago
US stocks are on track to achieve a remarkable feat, with the S&P 500 anticipated to gain over 24% in 2024, following a similar rise in 2023. This back-to-back gain is the first since 1997-1998 and indicates a strong market performance, despite a lackluster December. Major tech stocks significantly contributed to these gains, but some analysts warn of potential overvaluation and economic uncertainties ahead. The overall market sentiment remains positive, with projections for continued growth into 2025 amidst favorable economic indicators.
Source: YAHOO