Stocks Close Out Two Back-to-Back Years of 20% Gains

MRKT Matrix - Tuesday, December 31st

• Stocks slip in last day of 2024, but S&P 500 on track for second 20% annual gain in a row (CNBC)
• Stocks on Pace for Best Two Years in a Quarter-Century (Bloomberg)
• ‘Magnificent 7’ stocks responsible for more than half of the S&P 500′s 2024 gain (CNBC)
• Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain (CNBC)
• Tesla Stock Surge Runs Up Against a Potential Annual Sales Drop (Bloomberg)
• Beijing Pushes to Use China-Made Chips in Its EVs (WSJ)
• Xi Says China’s 2024 GDP Growth to Hit Target of Around 5% (Bloomberg)
• Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again. (NYTimes)
• In Lackluster Year for Emerging Markets, Riskiest Bonds Shone (Bloomberg)
• Crypto’s $205 Billion Stablecoin Market Set to Go Mainstream (Bloomberg)

---

Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe

MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs