Tech companies, including Nvidia, led markets up in first half of 2024.
From Yahoo Finance: 2024-06-28 17:47:20
The first half of 2024 has been a whirlwind in world markets, with mega-cap companies, central bank activity, political events, and M&A deals dominating headlines. Nvidia and other top tech companies saw their market value soar by $3.6 trillion while global stock markets rose 11%. However, French bond risk hit its highest level since the euro crisis, and government bonds faced losses amid fewer rate cuts than expected. U.S. election uncertainty increased after a shaky debate, and gold prices surged to near-record highs. Overall, global M&A activity increased by 5% compared to last year.
Read more at Yahoo Finance: Tech boom leads global markets through first half of 2024