Wall Street's Rally Dominates Global Markets in 2024

Reported 2 days ago

In 2024, global markets defied expectations as Wall Street enjoyed a significant rally, with world stocks set for a second consecutive annual gain of over 17%, driven by strong U.S. economic growth and investor optimism following Donald Trump's election win. While the Eurozone faced economic challenges and emerging markets struggled, the U.S. dollar gained strength, impacting foreign currencies negatively. The bond market faced turbulence amidst rising interest rates, and while some risky investments yielded surprising returns, the overall outlook for 2025 remains uncertain, particularly if U.S. trends reverse.

Source: YAHOO

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