Since 2024, the upward trend in US stocks has not been impacted by changes in interest rate cut expectations. The three major stock indexes frequently set new records. Among them, only the S&P 500 index has reached the 22nd record high during the year. The AI boom still shows no sign of slowing down, and Nvidia and others continue to be leaders in rising US stocks.

Looking ahead to April, the performance of US stocks is also worth looking forward to. Dow Jones market statistics have found that in the past 20 years, April has been one of the best three months of the year. The probability that the S&P 500 will rise is 80%, and the average yield is 2%.

As far as the market is concerned, the future will face many tests such as the earnings season, a series of inflation, and job market data.

• On April 4, Federal Reserve Chairman Powell delivered a speech at the 2024 Business, Government, and Society Forum hosted by Stanford School of Business.

• From April 9 to 11, the Google Cloud Next '24 conference will be held in Las Vegas from April 9 to 11, 2024. At that time, it may involve showcasing the latest technologies in the fields of AI, data analysis, security and identity, infrastructure, and collaboration.

• On April 11, the Federal Reserve will release the minutes of the monetary policy meeting.

• On April 12, a new performance period for US stocks began, and the three major investment banks (J.P. Morgan, Citibank, and Wells Fargo) took the lead in unveiling the list.

• On April 20, according to the Bitcoinblockhalf website, Bitcoin will usher in a quadrennial “halving event”. At that time, the block reward will drop from 6.25 (BTC) to 3.125 (BTC).

In addition, a series of major economic data will be revealed one after another, including non-agricultural data, CPI, PPI, PCE, etc.

Editor/Somer