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Global Stocks Surge 15% in 2024, Tech Leads Rally

1/18/2025

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Story summary
  • Global stock markets experienced a 15% gain in 2024, building on a 20% increase in 2023.
  • Major indices closed positively, with the Magnificent Seven tech firms surging nearly 50%.
  • The Japanese market rose 19%, driven by low interest rates and a weak currency.
  • December recorded slight equity losses, notably a 4% decline in Brazil's Bovespa index.