CHARTS The story of markets and the economy in 2024 Stuttgart - Delayed Quote • USD Solactive Global Bond 1-5YR ESG Climate EUR Hedged Index (DE000SL0CMS7.SG) Follow 1,039.71 0.00 (0.00%) At close: December 27 at 11:08:01 PM GMT+1 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 Stock market today: S&P 500, Nasdaq, Dow slide as strong year nears its close Stocks moved lower on Monday morning as the market slumped to end 2024. AI trade will move to power and cooling in 2025: Strategist Bernstein Private Wealth Management Senior Investment Strategist Roosevelt Bowman joins Wealth to discuss the AI landscape heading into 2025. Bowman expects the AI sector to "evolve" beyond its current focus on semiconductors and cloud computing. In 2025, he anticipates expansion into power infrastructure and cooling technologies, "and other parts of making sure you're able to run your models and get results from them." The power requirements for AI models are "tremendous," Bowman explains, pointing out data centers that require "real energy sources." He sees this as creating new market opportunities. However, he cautions about "too much optimism" in markets, predicting slower US growth in the coming year. Given these conditions, Bowman recommends investors adopt a "defensive stance," suggesting healthcare and consumer staples sectors as additional potential safe-havens. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Futures fall, Jeju Air crash, Jimmy Carter's legacy: 3 Things Stock futures (ES=F, NQ=F, YM=F) are falling in Monday's pre-market — the final full trading day of 2024 — as Wall Street's hopes for a Santa Claus rally begin to sour with markets (^DJI, ^IXIC, ^GSPC) declining in the past several trading sessions. South Korean officials order inspections of all of Boeing's (BA) 737-800 aircraft following a Jeju Air (089590.KS) plane crash that killed 179 people. Former President Jimmy Carter died on Sunday at the age of 100, leaving behind a long political legacy with his administration notably contending with high inflation that saw gas prices surged and the Iranian hostage crisis. 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. 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. Markets Tumble to Close a Record Year--What's Next for 2025? Stock gains in 2024 hit records, but Monday's dip hints at cautious sentiment heading into the new year.