Wall Street Closes Lower, Reflecting on a Remarkable Year for Stock Market Gains - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Bishop Mariann Budde's Plea for Mercy Draws Fire from Trump Following Inaugural Prayer Service
user-iconAtlas Winston
side-post-image
India Defeats England by Seven Wickets in First T20: Abhishek Sharma Shines
user-iconGloria Terra
Contact Phone:
Economy

Wall Street Closes Lower, Reflecting on a Remarkable Year for Stock Market Gains

share-iconWednesday, January 01 comment-icon3 weeks ago 8 views
News sources:
reutersREUTERS
Wall Street Closes Lower, Reflecting on a Remarkable Year for Stock Market Gains

Credited from: REUTERS

  • Wall Street's three major indices ended the session lower as the year concluded with remarkable gains.
  • The market's performance was fueled by an AI boom and the U.S. Federal Reserve's first interest rate cuts in over three years.
  • Despite the downturn, the Nasdaq surged 28.6%, while the S&P 500 posted a 23.3% gain in 2024.
  • Looking ahead, markets predict an additional 50 basis points of interest rate cuts in 2025 amidst geopolitical concerns.
  • Overall, volume in U.S. exchanges reached 14.59 billion shares, slightly below the 20-day average.

For more details, visit the original article.

Gallery

SHARE THIS ARTICLE:

TAGS:

Wall street Stock market 2024 gains Interest rate cuts Artificial intelligence
author-dp

Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

nav-post-picture
date-iconJanuary 01, 2025 Massie Warns GOP Could Lose House Majority in 2026 Under Johnson's Leadership
date-iconJanuary 01, 2025 WHO's Ghebreyesus Calls on Israel to Halt Attacks on Gaza's Medical Facilities
nav-post-picture
Related Posts
main-post-image
WORLD NEWS
Stock Markets and Government Offices Closed on Martin Luther King Jr. Day 2025
date-iconJan 18, 2025
main-post-image
POLITICS
Democrats Face Urgency: Revamping Government Efficiency Amid Trump's Market and Tariff Challenges
date-iconJan 18, 2025
main-post-image
ECONOMY
Indian Stock Market Experiences Volatility: BSE Sensex Surges Then Plummets
date-iconJan 17, 2025
main-post-image
POLITICS
Democrats Face Dilemma: Revamping Government Efficiency Amid Trump’s Economic Strategy
date-iconJan 17, 2025
main-post-image
ECONOMY
Adani Group Stocks Surge as Hindenburg Research Shuts Down
date-iconJan 16, 2025
main-post-image
WORLD NEWS
SGPC Protests Against Kangana Ranaut's Film 'Emergency' Amid Calls for Ban in Punjab
date-iconJan 17, 2025

Stay Connected

main-post-image
Sports
Madison Keys Advances to Australian Open Semifinals After Defeating Elina Svitolina
date-icon January 22, 2025
main-post-image
Politics
JEE Mains 2025 Admit Card Released for January Exams: Download Details Inside
date-icon January 18, 2025
main-post-image
World News
Record Surge in Carbon Dioxide Levels Ignites Warnings on Climate Crisis
date-icon January 17, 2025
main-post-image
World News
Keir Starmer Visits Auschwitz, Vows to Combat Growing Antisemitism in the UK
date-icon January 17, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Bishop Mariann Budde's Plea for Mercy Draws Fire from Trump Following Inaugural Prayer Service
user-iconAtlas Winston
side-post-image
India Defeats England by Seven Wickets in First T20: Abhishek Sharma Shines
user-iconGloria Terra
© 2025 All rights reserved | PRESS AI WORLD