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The end of the US stock market in 2024: the three major stock indexes have repeatedly hit new highs, and NVIDIA has risen 171%.

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2025-01-01 05:07:34
On January 1st, US stocks closed down on the last trading day of 2024. With major central banks starting the interest rate cut cycle, AI theme throughout the year, and policy expectations in the Trump 2.0 era fermenting, the three major stock indexes rose for the second consecutive year. The Dow rose 12.9% for the year, the S & P 500 rose 23.3%, and the Nasdaq surged 28.6%. They all set new record highs several times during the year. In addition, the Russell 2000 index, which represents the trend of small stocks, rose 10.0%. The AI boom has driven technology stocks to continue to rise sharply. The "seven giants" collectively hit new highs this year. Among them, Apple (AAPL. O) rose 30.7% and NVIDIA (NVDA. O) soared 171.3%.