January 1, 2025 - 13:32
As 2024 comes to a close, the US market averages, including the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500, have shown impressive annual gains despite a recent dip. The Nasdaq Composite, in particular, has surged by over 28% this year, reflecting strong performance in the technology sector.
Jared Blikre, host of Market Domination Overtime, provided a comprehensive assessment of the year’s market dynamics. He noted a significant shift towards the Russell 2000 small-cap index, which has been indicative of broader economic trends and investor sentiment. Mid-year volatility, marked by fluctuations in the volatility index, added an element of unpredictability but ultimately did not overshadow the overall positive trajectory of the markets.
In addition to equities, the bond market also reached notable highs, demonstrating resilience and attracting investor interest. The year has been characterized by a complex interplay of factors influencing both stocks and bonds, setting the stage for an intriguing start to 2025.