Throughout 2024, the stock market has experienced a strong upward trend. As of late October, the S&P 500 has gained 22.1% year to date, while the Nasdaq has risen 23.7%. However, the Dow Jones Industrial Average (DJIA) has lagged behind with a 12.5% increase, mainly due to underperforming stocks like Boeing, Intel, and Nike.

The S&P 500 started the year around 4,740 and reached approximately 5,250 by the end of March. After a dip in April, it surged from the 5,020s in early May to hit the 5,670s by mid-July. Although it experienced a low in the 5,180s in August, the index has consistently climbed and achieved an all-time closing high in the 5,860s on October 18. Throughout the year, the index has remained above its 50-day simple moving average, with only brief breaches that were quickly corrected, indicating the market's resilience.

Overall, the stock market has shown significant growth in 2024, with the S&P 500 and Nasdaq outperforming the Dow Jones Industrial Average. Despite some underperforming stocks, the market has remained resilient and consistently climbed throughout the year.