ABC News on Nostr: Where is the stock market headed in the 2nd half of 2024? ========== The S&P 500 has ...
Where is the stock market headed in the 2nd half of 2024?
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The S&P 500 has climbed nearly 15% in the first half of 2024. Analysts attribute the gains to enthusiasm about artificial intelligence, resilient economic growth, and expectations of easing interest rates. However, experts predict that the stock market will struggle to sustain its growth in the second half of the year due to high prices and economic uncertainty. The U.S. economy has sustained solid growth despite high inflation. Job gains have exceeded expectations, and the Federal Reserve has indicated that an additional rate increase is unlikely. Tech firms leading the adoption of AI, such as Alphabet, Amazon, Apple, Meta, Microsoft, Tesla, and Nvidia, have seen significant gains. However, experts warn that the stock market may struggle to sustain returns and face threats from high interest rates, inflation, and uncertainty surrounding the November election. While there may be growth in the stock market for the remainder of 2024, it is expected to be at a slower pace than the first half of the year.
#StockMarket #S&p500 #DowJonesIndustrialAverage #Nasdaq #ArtificialIntelligence #EconomicGrowth #InterestRates #Inflation #TechFirms #AiAdoption #HighPrices #EconomicUncertainty #UsEconomy #JobGains #FederalReserve #TechGiants #Alphabet #Amazon #Apple #Meta #Microsoft #Tesla #Nvidia #NovemberElection
https://abcnews.go.com/Business/stock-market-headed-2nd-half-2024/story?id=111572329
==========
The S&P 500 has climbed nearly 15% in the first half of 2024. Analysts attribute the gains to enthusiasm about artificial intelligence, resilient economic growth, and expectations of easing interest rates. However, experts predict that the stock market will struggle to sustain its growth in the second half of the year due to high prices and economic uncertainty. The U.S. economy has sustained solid growth despite high inflation. Job gains have exceeded expectations, and the Federal Reserve has indicated that an additional rate increase is unlikely. Tech firms leading the adoption of AI, such as Alphabet, Amazon, Apple, Meta, Microsoft, Tesla, and Nvidia, have seen significant gains. However, experts warn that the stock market may struggle to sustain returns and face threats from high interest rates, inflation, and uncertainty surrounding the November election. While there may be growth in the stock market for the remainder of 2024, it is expected to be at a slower pace than the first half of the year.
#StockMarket #S&p500 #DowJonesIndustrialAverage #Nasdaq #ArtificialIntelligence #EconomicGrowth #InterestRates #Inflation #TechFirms #AiAdoption #HighPrices #EconomicUncertainty #UsEconomy #JobGains #FederalReserve #TechGiants #Alphabet #Amazon #Apple #Meta #Microsoft #Tesla #Nvidia #NovemberElection
https://abcnews.go.com/Business/stock-market-headed-2nd-half-2024/story?id=111572329