The stock market logged a gangbusters first half of the year. Can it last?The S&P 500 index gained a whopping 14.5% to close the first six months of 2024. The Dow Jones Industrial Average rose 3.8% and the Nasdaq Composite climbed 18.1%.Much of the S&P 500’s gains were concentrated in the Magnificent Seven big tech names, while other stocks lagged behind. Nvidia (NVDA), the leader of the pack, has pulled even further ahead. Shares of the chipmaker jumped 149% this year. Its valuation topped $3 trillion for the first time in June, when Nvidia was briefly the world’s largest public company.Now, investors expect the Fed will cut rates up to three times in 2024, according to the CME FedWatch Tool, though the central bank has only penciled in one.July is historically a great month for U
Bye H1! How Do You Plan the Next Half?
The first half of 2024 saw soaring U.S. and Hong Kong stocks. What is the progress of your annual goals? Will you forge ahead bravely or plan to revise your goals? Besides investing goals, how are other life goals going? For example, how many books have you read? How about your gym plan?
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