CHARTS The story of markets and the economy in 2024 Nasdaq GIDS - Delayed Quote • USD NASDAQ EM Europe Retail Large M (^NQEMEU5300LMT) Follow 987.78 +0.00 (+0.00%) At close: September 18 at 11:59:59 AM EDT Related News US economy set for 'trend-ish' 2.3% growth in 2025, economist says Bank of America (BAC) senior US economist Aditya Bhave joins Market Domination to discuss the United States' global economic standing ahead of President-elect Donald Trump's return to the executive office. Bhave notes that the US currently has "very solid economic momentum," maintaining a 3% growth rate over the past two years. He attributes this success to declining inflation and accelerating labor productivity, while other global productivity metrics are falling. "We're still pretty confident. We think we can grow at 2.3% this year [2025], which would be trendish," he tells Yahoo Finance. Regarding the incoming Trump administration's impact, Bhave explains that while deregulation expectations are already priced into markets and achievable through executive action, "greater uncertainty" surrounds trade and fiscal policy decisions. "We think the policy mix will be roughly awash for growth, but we do think it will be somewhat inflationary," Bhave states, adding that even without Trump's policies being implemented, he expects economic growth between 2 to 2.5% in 2025. Nevertheless, Bhave observes that from a global perspective, "the rest of the world is in a more difficult position" than the US. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith More sectors, stocks need to 'carry the ball' in 2025: Strategist The Magnificent Seven tech stocks are pulling back as US market indexes (^DJI, ^IXIC, ^GSPC) decline, contrary to Wall Street's hopes for a Santa Claus rally. What is the next phase of the AI trade and Mag Seven momentum looking like going into 2025? MDB Capital president and chief market strategist Lou Basenese sits down in-studio with Seana Smith and Madison Mills for a conversation about where he expects market momentum to broaden out in the coming new year. "The heavy concentration is the fact that if we look at the other 493 stocks in the S&P 500 (^GSPC), expectations are for their growth in earnings to accelerate significantly. So from about 4% this year to 13%," Basenese explains. "So we need other names to pick up and carry the ball in 2025. And I think we're going to see that happen. The tech sector is obviously going to have the strongest growth, but we need to see everyone else participating." Basenese goes on to comment about where bitcoin (BTC-USD), the volatility index (^VIX), and even the Federal Reserve fit into market expectations. Bernstein Private Wealth Management Senior Investment Strategist Roosevelt Bowman told Yahoo Finance earlier today that the next AI investment plays could include power and energy suppliers and semiconductor cooling technology. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Small caps could outperform in 2025 with 'perfect combination' 2025 could be the year of small-cap outperformance, MJP Wealth Advisors chief investment officer Brian Vendig tells Seana Smith and Madison Mills on Catalysts. "Our view is that, as long as the economy stays on stable footing and some of these policy decisions don't go to extremes, and obviously a little cooperation from the Fed, that could be the perfect combination to see small-cap outperformance in 2025," Vendig says. The strategist adds, "I think the market's going to come back to earnings," explaining, "the first couple of months next year, first half of next year [will be a] choppy market due to policy [uncertainty,] but if earnings continue to stay intact ... we're still constructive on stocks, and we also think bonds might be an opportunity as well." "I'm definitely not one to recommend to add to megacap tech at this point, but I think taking a look at some of those value-oriented sectors that help to play into innovation and growth for the economy still makes sense," Vendig says, highlighting opportunities in the industrial sector like infrastructure, electric grid enhancement, and power generation, as well as some biotech and pharmaceutical plays. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. 10 charts that tell the story of markets and the economy in 2024 Here's why the S&P 500 is on track to rise more than 20% in two consecutive years for the first time since the late 1990s. Stock market enters final stretch of 2024: What to know this week Stocks will look to rebound from a sluggish start to the "Santa Claus" rally in the final trading days of 2024. US Stocks Drop for a Third Day; Treasuries Rally: Markets Wrap (Bloomberg) -- A banner year for US stocks is ending poorly as a retreat in technology stocks extended a stretch of losses that began when the Federal Reserve cooled expectations for interest-rate cuts two weeks ago. Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024It was the third consecutive decline for both the S&P 500 and the Nasdaq 100, and also the third time the indexes dropped more than 1% in eight sessions. The Bloomberg Dollar Spot Index is on track f Equities End in Negative Territory in Penultimate Trading Session of 2024 US benchmark equities ended lower Monday in the penultimate trading session of 2024. The Nasdaq f How major US stock indexes fared Monday, 12/30/2024 The Dow Jones Industrial Average gave back 1%, and the Nasdaq composite lost 1.2%. Declines in Big Tech companies like Apple and Microsoft weighed on the market. Boeing fell after one of its jets skidded off a runway in South Korea, killing 179 of the 181 people aboard. The Dow sinks 400 points in the final days of 2024 The Dow dropped over 400 points on Monday as lighter trading volumes were anticipated in the final days of 2024. The market experienced a wave of profit-taking, especially in the technology sector. Dow Ends Lower as Stocks Stagger Into Year-End The stock market slid on the penultimate trading day of the year, as hopes for a Santa Claus rally continued to fade. The Nasdaq Composite dropped 1.2%. Bespoke Investment Group co-founder Paul Hickey told Barron’s there didn’t appear to be a specific catalyst for Monday's decline, though investors were likely rebalancing their portfolios as the end of the year approaches. Top Cryptocurrencies Rise; Bitcoin Trades Above $94,000 Level Major digital assets were firmer Monday with Bitcoin (BTC-USD) trading above the $94,000 level. T Chamath Palihapitiya Says S&P 500 index ETFs Need To Be 'Fixed' Or They Will End In 'Disaster' — Here Is What The Billionaire Investor Said Financial market participants who prefer to invest in exchange-traded funds for their diversification benefits could be “in for a rude awakening,” says this venture capitalist, as the top ten stocks in the S&P 500 represent 40% of the index market capitalization. What Happened: Chamath Palihapitiya, the billionaire investor, and former Facebook executive, explains that greater concentration in a few stocks increases the risks of investing. He highlighted the inequality in the weight of the stock Equities Fall Intraday in Penultimate Session of 2024 US benchmark stock indexes retreated along with government bond yields after midday Monday in the pe Broadcom, Micron Technology, and SoundHound AI Are Falling as the Dow Sheds 250 Points All major market indexes declined today led by the Dow Jones Industrial Average, which at one point this morning fell 600 points, although has since recouped some of those losses. The broader benchmark S&P 500 and Nasdaq Composite also dipped this morning, but had recovered some of those losses and traded less than 1% down as of 12:04 p.m. ET today. Shares of the chipmakers Broadcom (NASDAQ: AVGO) and Micron Technology (NASDAQ: MU) were both down 2.7%. The Dow Is Showing Signs of Life. Energy Stocks Are Shining. The stock market is showing some signs of life. After falling 700 points earlier in the morning, the Dow was down just 262 points, or 0.6%, shortly before 1 p.m. ET. The Nasdaq Composite was down 0.6%, as well. US Equity Indexes Fall Along With Treasury Yields in Penultimate Session of 2024 US benchmark stock indexes retreated along with government bond yields after midday in the penultima Top Stock Movers Now: Boeing, MicroStrategy, EQT, and More U.S. equities sank at midday with investors apparently looking to lock in 2024 profits ahead of tomorrow's last trading day of the year. Clinton Remains Stock-Market Champ, Trump Third, Biden Ninth A look at how the stock market performed during various presidential cycles S&P 500 Banks Perform Well in 2024: 5 Stocks Worth Considering Bank stocks like GS, BK, WFC, JPM and MTB soar in 2024, driven by Fed rate cuts, booming M&A activity and economic optimism. US stocks fall with one trading day left in 2024 US stocks dropped Monday, with the Dow falling by more than 300 points as markets close out a record year.