US Stocks Experience Decline on Final Trading Day of 2024

December 31, 2024 - 23:31

As 2024 draws to a close, US stocks are experiencing a downturn in the last hours of trading, marking a bittersweet end to a year that has generally been favorable for equity markets. The S&P 500 index is poised to finish the year with an impressive gain of over 20%, reflecting a robust performance throughout the year despite the current slip.

Among the most actively traded stocks today are MicroStrategy, Fannie Mae, and Freddie Mac, which have captured the attention of investors and market analysts alike. The trading day has also featured insights from several key financial experts. Dory Wiley, CEO and President of Commerce Street Capital, kicked off the discussions, followed by Olu Omodunbi, Chief Economist at Huntington Private Bank. Phil Streible, Chief Market Strategist at Blue Line Futures, and Michael Green, Chief Strategist at Simplify Asset Management, also shared their perspectives. Finally, Ben Miller, Co-Founder and CEO of Fundrise, rounded out the lineup, providing valuable insights as traders navigate the end of the year.