2024年，美股市场尽管经历了总统大选、通胀以及地缘政治冲突等多重考验，三大指数仍实现全线上涨。其中，纳斯达克100指数全年上涨超28%，标普500指数上涨超23%，道琼斯工业指数上涨近13%。AppLovin, a constituent stock of the Nasdaq, surged by 713%, becoming the biggest dark horse, with an increase more than four times that of AI leader NVIDIA.
In 2024, the US stock market closed with the NASDAQ 100 Index component AppLovin achieving an astonishing increase of 713%, becoming the annual "stock king," significantly outpacing market focus stock NVIDIA, which rose 171%, leading the three major index components.
Under the strong drive of the AI Concept, the US stock market has shown distinctive structural characteristics. AI concept stocks represented by NVIDIA are generally positioned at the top of the Top Gainers list among the three major indices, while traditional consumer brands like Nike and Estee Lauder have suffered severe declines, with drops exceeding 30%.
In 2024, despite experiencing multiple challenges such as the presidential election, inflation, and geopolitical conflicts, the US stock market saw a broad increase across all three major indices. Among them, the NASDAQ 100 Index rose by over 28% for the year, the S&P 500 Index increased by over 23%, and the Dow Jones Industrial Index rose by nearly 13%.
Performance of the three major index components
(1) Best performance
Best performance of the NASDAQ 100
$Applovin (APP.US)$ Ranking first with an incredible increase of 713%.
$MicroStrategy (MSTR.US)$Following closely, with an increase of over 358%.
$Palantir (PLTR.US)$ With an increase of over 340%.
$NVIDIA (NVDA.US)$ With an increase of over 171%.
$Axon Enterprise (AXON.US)$Increased by over 130%
Best performance in the S&P 500
$Palantir (PLTR.US)$ Leading the way, increased by over 340%
$Vistra Energy (VST.US)$ Following closely, increased by over 263%
$GE Vernova (GEV.US)$ Increased by over 186%
$NVIDIA (NVDA.US)$ With an increase of over 171%.
$United Airlines (UAL.US)$ Increased by over 135%.
Best performance of the Dow Jones.
$NVIDIA (NVDA.US)$ Leading the way, increased by over 171%.
$Walmart (WMT.US)$Increased by 74%.
$American Express (AXP.US)$Increased by more than 60%.
$Goldman Sachs (GS.US)$ Increased by more than 52%.
$Amazon (AMZN.US)$Increased by more than 46%.
(2) Worst performance.
It is worth noting that some traditional Consumer brands and Technology companies performed poorly:
The Nasdaq 100 had the worst performance.
$Intel (INTC.US)$ The largest decline was nearly 60%.
$MongoDB (MDB.US)$Declined over 43%.
$Biogen (BIIB.US)$Declined over 40%.
$DexCom (DXCM.US)$Declined over 37%.
$Microchip Technology (MCHP.US)$Declined nearly 35%.
S&P 500 performed the worst.
$Walgreens Boots Alliance (WBA.US)$Dropped the most, declining over 61%.
$Intel (INTC.US)$ Down nearly 60%
$Moderna (MRNA.US)$Down over 58%
$Celanese Corp (CE.US)$ Down nearly 55%
$Estee Lauder (EL.US)$ Down over 48%
Dow Jones performed the worst
$Boeing (BA.US)$Down over 32%
$Nike (NKE.US)$ Down nearly 30%
$Amgen (AMGN.US)$ Down nearly 7%
$Merck & Co (MRK.US)$ Down over 6%
$Johnson & Johnson (JNJ.US)$ A decline of nearly 5%.
Looking ahead to 2025, the inauguration of the new president in the USA and the earnings reports season will be important factors affecting the market, and investors need to continuously monitor the potential impact of these significant events on the market.
It is worth noting that the strong performance of AI concept stocks in 2024 may continue, but investors also need to be cautious of the risks associated with overvaluation.
Editor/new