US Stock Markets Boom in 2024 With Double-Digit Growth

S&P 500 spikes up nearly 25 percent, with Nvidia, Palantir, and Vistra shares seeing triple digit returns for the year.

Traders work on the floor of the New York Stock Exchange during morning trading, on Nov. 26, 2024. Michael M. Santiago/Getty Images

Stock markets in the United States are ending the year with significant gains, with 10 out of 11 sectors in the S&P 500 Index seeing positive returns.

All three major indexes have made gains this year. The S&P 500 Index was up 24.54 percent at the end of Dec. 30. The Dow Jones Industrial Average was up 12.88 percent, while the Russell 200 Index, which measures small-cap stocks, has risen by 10.68 percent. NASDAQ, reflecting trends in the tech industry, gained almost 32 percent.