US stocks had a strong first half in 2024, but face risks from elections and Fed

From Yahoo Finance: 2024-06-28 01:02:41

U.S. stocks closed out the first half of 2024 with a strong 15% year-to-date gain in the S&P 500, fueled by robust corporate earnings and AI-driven tech giants like Nvidia. Despite this success, investors are wary of upcoming challenges like political uncertainty, potential Fed interest rate changes, and tech stock concentration. History indicates that positive first halves usually lead to continued gains, but concerns linger about the U.S. election’s impact on markets, with the possibility of a bumpy ride ahead. Some investors are diversifying their portfolios to prepare for potential shifts in the market.



Read more at Yahoo Finance: Analysis-Election and Fed risks loom for US stocks after strong first half of 2024