The S&P 500 ended 2024 with notable highs and lows, reflecting a year of mixed fortunes across sectors. Tech giants led the pack, buoyed by AI breakthroughs and robust earnings. Stocks like Nvidia and Microsoft surged, delivering double-digit returns as demand for AI and cloud computing technologies reshaped the market landscape. However, other sectors, notably utilities and traditional retail, lagged amid rising interest rates and changing consumer habits.
Source – FXStreet
Looking ahead to 2025, analysts are optimistic about continued growth in tech and renewable energy, driven by sustained innovation and policy support. Meanwhile, challenges remain for real estate and consumer discretionary sectors, as elevated borrowing costs and cautious spending weigh on performance. As the market recalibrates, investors are closely watching the Fed’s rate trajectory and global economic trends to shape their strategies for the coming year.
