The year 2024 shook the U.S. stock market like never before. Three major forces steered the financial roller coaster: Donald Trump’s return to politics, the meteoric rise of artificial intelligence, and the comeback of cryptocurrency values, especially Bitcoin.
Donald Trump’s reemergence on the political scene injected uncertainty and speculation into the markets. Investors watched closely, reacting to his policies and statements, which often caused swift market shifts.
Meanwhile, artificial intelligence technologies surged ahead, with companies investing heavily in AI development. Tech stocks soared as AI breakthroughs promised to revolutionize industries, from healthcare to transportation.
Cryptocurrencies also made a dramatic comeback. Bitcoin, in particular, rebounded from previous slumps, capturing the attention of both seasoned investors and newcomers. This resurgence sparked debates about the future of decentralized finance.
These trends intertwined to make 2024 an unforgettable year for the stock market, leaving investors and analysts eager to see what comes next.
Reference(s):
cgtn.com
