From Nasdaq: 2024-04-02 07:47:00

The first quarter of 2024 saw major U.S. indices like the Nasdaq 100 and S&P 500 in the green, with gains around 10% each. Despite challenges like higher rates and geopolitical tensions, the bull market persevered and climbed higher.

Tech was the top-performing sector, while energy sectors rebounded later in the quarter. The S&P 500 displayed rare strength, posting back-to-back 10% quarters. Historical data indicates strong gains for bulls in the year following such strength.

In the winners’ column, Super Micro Computer and crypto-related stocks soared, while Tesla and Boeing faced setbacks. The first quarter highlighted resilience in the face of challenges, with technology leading the way in market gains.

Read more at Nasdaq: 2024 Q1 Market Recap: Bullish Momentum Persists Despite Challenges