Wall Street achieved another spectacular performance in 2024
The Wall Street bag closed the year 2024 with annual increases in its three main indicators promoted by the enthusiasm of investors for the trim of interest rates, the victory of Donald Trump, the economic strength and the artificial intelligence (AI).
The S&P 500 rose 23.31 % in 2024, after a 24.2 % rise last year. The 53 % two -year harvest is the best since the rebound of almost 66 % of 1997 and 1998.
Meanwhile, the Dow added 12.88 % in 2024, while NASDAQ had a higher yield with a gain of 28.64 %.
Regarding the last quarter of the year, the Nasdaq and the S&P added 6.2 % and 2.1 %, respectively, for fifth consecutive positive for the first time since 2021.
While the Dow increased 0.5 % in the same period, its fourth positive quarter in five quarters.
One of the reasons why the park has seen the value of its shares this year has been the enthusiasm of investors around AI.
Undoubtedly, the most benefited was Nvidia, more than 170 % rose this year, although other technological ones also benefited, such as Apple -who saw its actions up 30 % this year.
The so -called ‘seven magnificent’ (Apple, Microsoft, Amazon.com, Alphabet, Meta Platforms, Tesla and Nvidia) have grown up to represent approximately one third of the S&P 500, compared to representing approximately a quarter at the end of 2023.
Another support pillar for this year has been the Federal Reserve (FED), since the Central Bank has reduced its reference interest rate at a complete percentage point since September.
The shares also rose abruptly after the victory of the elected president, Donald Trump in November, because, according to CNBC, the investors applauded the lower tax perspective and a more flexible regulatory approach under a republican administration.
However, as The Wall Street Journal points today, many experts predict that this rebound is slowed in 2025, since the Federal Reserve has been reluctant to continue with this rhythm of cuts of interest rates.
The year of cryptocurrencies
Trump’s victory has also promoted the price of digital currencies, since cryptocurrency fans anticipate that when the tycoon arrives at the White House, he will lower the regulations for this type of currency, as promised during his campaign.
Bitcoin has had even better performance than the stock market, with an increase of 119 % during the year. It should be noted that the cryptocurrency exceeded $ 100,000 for the first time this year.
Bitcoin ($ 94,000) has doubled its price in 2024 and reached a historical maximum of $ 108,309 in December.
In addition, other smaller digital currencies, such as Ether and Solana, have also increased in recent months.
For its part, the 10 -year Treasury bond performance ended the year at 4,577 % – its highest level in about seven months.
The reference yield began 2024 below 4 % and registered its largest annual increase since 2022.
