Throughout 2024, the stock market has shown a strong uptrend, with the S&P 500 rising 22.1% year-to-date and reaching an all-time closing high of 5,860s on October 18. Despite some fluctuations, the index has consistently remained above its 50-day simple moving average, indicating robust market momentum. The Nasdaq has outperformed with a 23.7% gain, while the DJIA lags at 12.5%, impacted by underperforming stocks like Boeing, Intel, and Nike.
