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The Guardian - UK

Business

Graeme Wearden

A year of two halves: how global financial markets fared in 2024

United States Donald Trump Elon Musk Bitcoin United Kingdom China Matt Britzman Oil Bank of England Crypto

Chipmaker Nvidia led the equity charge, up over 170% over the last 12 months due to AI popularity soaring. Photograph: Dado Ruvić/Reuters

Global stock markets climbed in 2024, helped by falling inflation and the US economy’s success in avoiding a hangover from a strong post-pandemic recovery.

While Europe and the UK struggled to make headway, the US maintained pole position at the top of the rich nations’ growth league, pushing shares in New York to new record highs.

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