"Wall Street's 2024 Outlook: Record Stocks, Key IPOs, and Crypto ETF Prospects"

As we enter 2024, the stock market is poised for another strong year following a record 2023, with the S&P 500 and Dow Jones nearing all-time highs. The Federal Reserve is expected to start rate cuts, which could further stimulate the market. Mortgage rates are retreating, potentially aiding the spring home buying season. The SEC may approve the first spot Bitcoin ETF, potentially driving cryptocurrency values higher. The IPO market is rebounding, with companies like Shein, Stripe, OpenAI, and SpaceX being ones to watch. Nvidia and Apple had significant gains in 2023, with Nvidia up 239% and Apple nearing a $3 trillion market cap. Lastly, the IRS has updated tax brackets for 2024, signaling changes for taxpayers.
- 2024 Year Ahead: Stocks to watch, Fed's rate cuts, IPOs rebound and Bitcoin ETF? Fox Business
- Stocks closed 2023 near record highs. Here's what Wall Street thinks is coming in 2024. Yahoo Finance
- Gazing at the New Year's ball for Wall Street – here are some things to look out for in 2024 New York Post
- Stock Market 2024: Rally Looks Strong, Nvidia Sets Up After Monster Run; Tesla Deliveries Due Investor's Business Daily
Reading Insights
0
1
3 min
vs 4 min read
84%
720 → 117 words
Want the full story? Read the original article
Read on Fox Business