MRKT Call

Stocks Close Out Two Back-to-Back Years of 20% Gains

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MRKT Matrix - Tuesday, December 31st

  • Stocks slip in last day of 2024, but S&P 500 on track for second 20% annual gain in a row (CNBC)
  • Stocks on Pace for Best Two Years in a Quarter-Century (Bloomberg)
  • ‘Magnificent 7’ stocks responsible for more than half of the S&P 500′s 2024 gain (CNBC)
  • Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain (CNBC)
  • Tesla Stock Surge Runs Up Against a Potential Annual Sales Drop (Bloomberg)
  • Beijing Pushes to Use China-Made Chips in Its EVs (WSJ)
  • Xi Says China’s 2024 GDP Growth to Hit Target of Around 5% (Bloomberg)
  • Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again. (NYTimes)
  • In Lackluster Year for Emerging Markets, Riskiest Bonds Shone (Bloomberg)
  • Crypto’s $205 Billion Stablecoin Market Set to Go Mainstream (Bloomberg)


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