News Formal

US Stock Market Soars in 2024, Leaving Forecasters Pondering 2025

  • 📰 ABC7
  • ⏱ Reading Time:
  • 35 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 68%

Finance News

Stock Market,S&P 500,Nasdaq

The S&P 500, Nasdaq, and Dow Jones Industrial Average all experienced significant gains in 2024, fueled by a resilient economy and falling inflation. While experts predict continued growth in 2025, uncertainty surrounding the upcoming presidency and broader economic factors pose potential risks and opportunities.

The S&P 500 -- the index that most people's 401's track -- climbed nearly 28% this year, as of Monday.

Those tail winds are expected to keep pushing stocks skyward in 2025, experts said, but they cautioned about more-than-usual uncertainty that could prevent further gains or even amplify them. The biggest unknown for stocks in 2025, they said: President-elect Donald Trump. "U.S. strength remains undiminished," Seema Shah, chief global strategist at Principal Asset Management, told ABC News in a statement.

Over time, rate cuts ease the burden on borrowers for everything from home mortgages to credit cards to cars, making it cheaper to get a loan or refinance one. The cuts also boost company valuations, potentially helping fuel returns for stockholders.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 67. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NIL Market Expected to Reach $1.7 Billion in 2024-2025 SeasonThe market for Name, Image, and Likeness (NIL) deals is projected to reach $1.7 billion in the 2024-2025 season, driven by college football, men's and women's basketball, and Olympic sports. The growth follows a Supreme Court ruling in 2021 that allowed student athletes to profit from their NIL, leading to ongoing legal battles between the NCAA and state legislatures.
Source: FoxNews - 🏆 9. / 87 Read more »