The first half of 2024 was quite strong for U.S. stock markets, and we saw several milestones. For instance, the Dow Jones Industrial Average ($DOWI) hit 40,000 for the first time, while the broad-based S&P 500 Index ($SPX) rose 15% during the period and surpassed 5,500.
The tech-heavy Nasdaq Composite ($NASX) also jumped 18%. Plus, stock markets saw their “flippening” of sorts, as Nvidia’s (NVDA) market cap surpassed that of both Apple (AAPL) and Microsoft (MSFT), and the chip designer became the world’s most valuable company - albeit briefly.
