Wall Street's year of 20% gains ends on a quiet note

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US stocks slipped on Tuesday, capping 2024 with a rare year-end stumble. Despite the final week's volatility, it was a banner year for the markets, with the S&P 500 rising 23%, the Nasdaq Composite gaining 30%, and the Dow Jones up 13%.

🏆 The S&P 500's back-to-back gains in 2023 and 2024 marked the strongest consecutive annual growth in nearly three decades.

The Federal Reserve initiated its first interest rate cuts in four years, providing a tailwind for equities. AI-driven trades dominated, led by the "Magnificent Seven" stocks. Palantir (PLTR) emerged as the S&P 500's top performer, surging nearly 350%, while Walgreens Boots Alliance (WBA) was the biggest laggard, plunging 64%.

✨ Commodities and Crypto Highlights: Gold surged 28%, its best yearly performance since 2010, while Bitcoin doubled, rallying past $100,000 earlier in the year before pulling back.

📉 Santa Claus Rally a No-Show: The usual end-of-year boost fizzled, as markets gave back some gains during the final week.

Looking ahead, will the bullish momentum carry into 2025, or will market headwinds emerge? 🌟

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Timestamps:
0:00 Like & Subscribe
0:35 Stock Market Live
1:30 The Year That Was
6:29 Stock Market Today
9:16 Technical Analysis
15:18 Sentiment & Seasonality
18:54 Earnings & Adam Parker
20:30 The Economy

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