What was the stock market on January 15 2024?
The Dow Jones Industrial Average (DJI) declined 0.3% or 118.04 points to close at 37,592.98. Notably, 15 components of the 30-stock index ended in positive territory, while 15 ended in negative zone.
The S&P 500 fell 17.85 points, or 0.4%, to 4,765.98. The Dow Jones Industrial Average fell 231.86 points, or 0.6%, to 37,361.12.
The S&P 500 rose 3.59 points, or 0.1%, to 4,783.83. The Dow Jones Industrial Average fell 118.04 points, or 0.3%, to 37,592.98. The Nasdaq composite rose 2.57 points, or less than 0.1%, to 14,972.76.
All data sourced from Bloomberg as of 1/31/2024, accessed on 2/1/2024. The market rally continued as the S&P 500 increased by +1.7% in January. After declining by -25% and bottoming on 10/12/22, the S&P 500 has increased by over +38% since then.
Wall Street analysts' consensus estimates predict 3.6% earnings growth and 3.5% revenue growth for S&P 500 companies in the first quarter. Analysts project full-year S&P 500 earnings growth of 11.0% in 2024, but analysts are more optimistic about some market sectors than others.
The Dow Jones Industrial Average (DJI) fell 0.6%, or 231.86 points, to close at 37,361.12. Notably, 20 components of the 30-stock index ended in negative territory, while 10 were in green. The tech-heavy Nasdaq Composite dropped 0.2% to close at 14,944.35.
The Dow Jones Industrial Average (DJI) declined 0.3% or 118.04 points to close at 37,592.98. Notably, 15 components of the 30-stock index ended in positive territory, while 15 ended in negative zone.
The Dow Jones Industrial Average rose 395.19 points, or 1.1%, to 37,863.80.
Stock Market Performance: Dow Jones Industrial Average closed at 37,863.80, up 0.7% for the week. S&P 500 closed at 4,839.81, up 1.2% for the week. Nasdaq closed at 15,310.97, up 2.6% for the week. U.S. Treasury Bond Yields:10-year treasury bond yield increased to 4.15% from 3.96%.
The Dow Jones Industrial Average (DJI) rose 395.19 points, or 1.1%, to close at 37,863.80. Twenty-five components of the 30-stock index ended in positive territory, while five ended in negative. The tech-heavy Nasdaq Composite gained 255.32 points, or 1.7%, to close at 15,310.97.
Will S&P500 go up in 2024?
The stock market has surged out of the gate in 2024. The S&P 500 -- the index that most people's 401(k)'s track -- reached a record high on Wednesday, putting the index up 10% this year.
Analysts expect overall S&P 500 earnings to rise 9.5% in 2024 after increasing around 4% in 2023, LSEG data showed.
Strong Start. The S&P 500 was up 5.3% in February and 1.7% in January.
Economic growth actually accelerated above its 10-year average in 2023. That resilience, coupled with a fascination about artificial intelligence (AI), changed investors' collective mood. The S&P 500 soared throughout the year and finally reached a new high in January 2024, making the new bull market official.
1. Positive returns -- but smaller than in 2023. I think that the overall stock market will deliver positive returns in 2024. However, I expect those returns to be somewhat smaller than they were last year.
Stocks and bonds deliver positive returns and cash underperforms both as the Fed pivots to rate cuts. Stocks and bonds may both be poised for success in 2024.
Sensex, Nifty updates on 17 January 2024 - India's equity benchmarks extended its previous day's decline, the BSE Sensex plunged 1,628.01 pts or 2.23% to settle at 71,500.76 and the NSE Nifty slumped 460.35 pts or 2.09% to end at 21,571.95.
The Dow Jones Industrial Average on Thursday tumbled below the key 30,000 level for the first time since January 2021 as investors worried the Federal Reserve's aggressive approach toward curbing inflation would bring the economy into a recession.
The last time the Dow Jones Industrial Average (DJI) closed below $29,000 was on September 30, 2022, having a price of $28,725.51. It was down 1.4% for the day. The latest price is $38,439.19.
The S&P 500 gained 0.1% to finish at 4,783.83. Out of 11 broad sectors of the benchmark, seven ended in positive territory, while four finished in red.
What was the Dow Jones high in 2024?
The Dow Jones Industrial Average (DJIA) hit its record high on Feb. 23, 2024, reaching 39,282.28 points in intraday trading. The Dow's all-time high at market close stands at 39,131.53, reached the same day.
The Dow Jones Industrial Average (DJI) jumped 0.6% or 224.02 points to finish at 38,333.45 points, registering its sixth record close in 2024.
| Year | Open, $ | Close, $ |
|---|---|---|
| December 2024 | 45370 | 46983 |
| December 2025 | 56472 | 59561 |
| January 2026 | 59561 | 56446 |
| December 2026 | 53164 | 51981 |
| Period | Average annualised return | Total return |
|---|---|---|
| Last year | 19.7% | 19.7% |
| Last 5 years | 12.0% | 76.6% |
| Last 10 years | 14.4% | 282.9% |
| Last 20 years | 10.1% | 586.8% |
