December Recap 2024 Happy new year and welcome back for our final recap of 2024. we hope you all enjoyed the holidays and were able to take some time to enjoy family and friends and whatever traditions you celebrate. Widening credit spreads in the risk off environment led to modest negative returns within high yield during december, but the sector remains a standout year to date. foreign bonds fell in the month. a stronger u.s. dollar was the primary culprit of the weak result.
December Recap 2024 Crowdswap Decentralized Exchange Still, for all the “carnage” of december, the year ended with the s&p 500 posting consecutive 20% calendar year returns for the first time since 1999. additionally, most markets finished in the green for 2024. December 2024 saw the u.s. economy wrap up a solid year that defied the skeptics who had been calling for a recession since 2023. key economic indicators reflected a steadily expanding, disinflationary economy with some pockets of weakness. Data released in december revealed a domestic economy with steady inflation and a stable labor market. the final estimate of gross domestic product for the third quarter of 2024 was better than the consensus estimates and higher than the prior figure. December 2024 market recap: u.s. equities rally post election, while global markets face challenges. insights on economic indicators, fed actions, and trends.
April 2024 Recap Data released in december revealed a domestic economy with steady inflation and a stable labor market. the final estimate of gross domestic product for the third quarter of 2024 was better than the consensus estimates and higher than the prior figure. December 2024 market recap: u.s. equities rally post election, while global markets face challenges. insights on economic indicators, fed actions, and trends. Despite a down month in december, 2024 was another exceptionally strong year for us equities. the s&p hit 57 new highs during the calendar year, fifth most in history. the index increased more than 23% (not including dividends). it is fourth time in the last six years that the s&p 500 has gained 20% or more. L do just that with our last monthly commentary for 2024. it was an extraordinary year for u.s. equity markets, despite uneven trading in december that led to losses for the s&p 500 a. d djia and only a fractional monthly gain for the nasdaq. year end weakness aside, the s&p 500 closed at an all time high on january. In fact, u.s. stocks concluded another extraordinary year on wall street on december 31st, driven by 2024’s surging demand for artificial intelligence, a surprisingly robust u.s. economy, and the federal reserve’s interest rate reductions. The “santa claus” rally failed to materialize this year, and stocks slumped to close out 2024. large cap growth was a bright spot with modest gain.
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