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Annual Review | The most powerful month saw a threefold increase! Looking back at the monthly explosive rise of US stocks in 2024, AI and Trump Trade swept the whole year, with three Stocks making the list twice.
The US stock market continues to rise in 2024, mainly due to two significant trends: the tech stock frenzy driven by the AI boom and Trump's return to the White House.
Global enterprises are "fully powered" to borrow money! The scale will reach 8 trillion dollars in 2024, setting a record.
Bankers stated that low financing costs were the initial reason for companies to choose to issue Bonds early, as they wanted to avoid the market volatility risks that could arise around the USA elections. However, after Trump's election victory, the market's credit spreads further narrowed, prompting some companies to decide to lock in their borrowing needs for the following year in order to secure funds under favorable market conditions.
Year-end review of the US stock market: The seven giants continue to surge, and investors prepare for Trump 2.0.
In 2024, the US stock market is driven by the AI boom, the Federal Reserve's interest rate cuts, and strong economic growth, with the three major indices reaching new highs: the S&P 500 Index up 25% for the year, the Nasdaq Composite Index up 31% for the year, and the Dow Jones up 14% for the year; following Trump's return, a series of policies are expected to create huge waves, and the Federal Reserve's comments indicating a slowdown in interest rate cuts have already disturbed the market.
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In 2024, the performance of the Medical Industry is disappointing for investors, but 2025 may bring a glimmer of hope.
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