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US Stock Market Soars in 2024, Leaving Forecasters Pondering 2025

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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.

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