The S&P 500 has experienced a robust first half of 2024, achieving a double-digit gain of 14%. This marks a new all-time monthly high close, with the index up in 7 of the last 8 months and a total return of 15% for the first half. Historically, when the S&P 500 is up by double digits at the midpoint of the year, it has never ended the year lower and has averaged a full-year gain of 25.1%, with a median of 9.8% and higher nearly 83% of the time. The index closed June higher by 10% or more and at least 5 of the first six months. Five key stocks have powered the US markets to this 14% gain. Other notable performances include the Nasdaq up 18%, Dow up 4%, Nvidia up 151%, Berkshire Hathaway up 14%, and Bitcoin up 36%.
S&P 500 clinches double-digit gain in first half of 2024 as stock rally persists https://t.co/NaQrx3dgIj
S&P 500 clinches double-digit gain in first half of 2024 after rallying three straight quarters https://t.co/Hh6ct2BtDZ
THE FIRST 6 MONTHS OF THE YEAR HAVE ENDED FOR GLOBAL EQUITIES. So far, YTD returns: S&P $SPY + 14.6% Nasdaq $QQQ +17% Nvidia $NVDA +151% Berkshire $BRK.B +14% Bitcoin $BTC +36% https://t.co/gZvnMaLvSM
THE FIRST 6 MONTHS OF THE YEAR HAVE ENDED FOR THE GLOBAL EQUITIES. So far, YTD returns: S&P $SPY + 14.6% Nasdaq $QQQ +17% Nvidia $NVDA +151% Berkshire $BRK.B +14% Bitcoin $BTC +36% https://t.co/yqbYNp7nEf
Five stocks power US markets to 14% gain for first half of 2024 https://t.co/KlvSrmHUio
First half of the year for U.S. stocks: S&P 500: +14% Nasdaq: +18% Dow: 4%
Half one the year is behind us and the S&P 500 just finished the opening 200m in 20.98 seconds: - Closed June higher by 10% or more - Closed June higher at least 5 of the first six months - Closed June at a new all-time high. Here's the precedent! https://t.co/W664JXHQcp
S&P 500 new all-time monthly high close. Up 7 of the last 8 months. +15% total return for the first half. https://t.co/LkymdYXnI8
S&P 500 up double digits at the midpoint of the year? Full year never lower and up 25.1% on avg. Rest of year up avg 7.7% (median 9.8%) and higher nearly 83% of time. https://t.co/gL0mLnHJW4
The S&P 500 Is Having a Great First Half of the Year. Hereโs What Comes Next. https://t.co/bM6LDWfolG