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Decoding Market Dynamics: Navigating Technological Shifts and Economic Trends in the Financial Landscape.
Before you start: I strive to support each of my articles with data and facts, and this one is no exception. If the graphs are not visible, please right-click on them and select “Open image in new tab” for a better view. If you would like the data behind the graphs, feel free to leave a comment, and I will provide it in an Excel sheet. Thank you for reading, and I hope you enjoy this analysis!
Major US market indexes in 2024 ended on a high note. They achieved impressive gains despite unstable geopolitical conditions worldwide and fierce wars in different regions.
The S&P 500 closed at 5,861, 1,168 points higher than its closing value 4,693 in 2023. This remarkable increase of 25% over the past year places 2024 among the top 24 annual closing increases in the 97-year (1927 to 2024) history of the S&P 500.
Similarly, Nasdaq closed 30% higher than 2023, placing 2024 among the top 14 annual closing increases in its 54-year (1971–2024) history. Download…
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