In 2024, US stocks continue to demonstrate notable superiority against global marketsdriven by the strength of the technology sector and a favorable macroeconomic environment.
The index S&P 500 has registered an increase of more than 24%, standing out as the most profitable market among the world’s main economies. This performance reflects the impact of robust economic growth in the US, estimated at 2.8% this year and 2.2% by 2025, a contrast to the slowdowns experienced by Europe and Asia.
The reinforcement that Donald Trump will mean
With the arrival of Donald Trump to the presidency in 2025, A set of economic policies is anticipated that could further reinforce this trend.to. His promise of tax cuts, accompanied by possible deregulation in strategic sectors, could encourage investment and especially benefit technology companies such as Nvidia, Apple and Microsoft.
These corporate giants have already been the main growth drivers of the marketthanks to advances in artificial intelligence, semiconductors and cloud computing, which keep the United States at the forefront of global innovation.
Neverthelessthe risks associated with a possible return of Trump’s protectionist policies They should not be underestimated. During his previous term, his focus on tariffs and trade restrictions led to international tensions, especially with China.
A reactivation of these disputes could disrupt global supply chains, increase production costs and generate volatility in markets, even affecting US companies highly dependent on imported inputs or foreign markets.
Another significant challenge is the impact of a possible increase in the fiscal deficit. Tax-cutting policies, combined with high spending, could increase the national debt, which in the long term could weaken confidence in the dollar and limit the government’s ability to respond to future economic crises.
On a global level, the dominance of the US stock market is also helped by the weakness of other economies. Europe faces challenges such as persistent inflation and geopolitical tensions, while Asia grapples with a slowdown in China, its main economic engine.
This environment reinforces the perception that US stocks, supported by more aggressive domestic policies, will continue to be a preferred investment. However, investors will need to carefully balance the opportunities with the risks inherent in these political and economic dynamics.
What have been the most powerful US actions in 2024
Before Trump arrives, the US is in very good health in the field of stocks. In 2024, the US stock market has seen remarkable performance, with several companies standing out for their exceptional performance. But, above all, these five have stood out.
NVIDIA
The leading artificial intelligence and graph processing technology company posted significant growth in 2024. Its shares are up approximately 190% so far this year, driven by growing demand for AI and data center solutions. Analysts from Citi, Morgan Stanley and HSBC have improved their valuations of the company, estimating that its capitalization could exceed four trillion dollars, a milestone never before reached.
Tesla
The manufacturer of electric vehicles and sustainable energy solutions continued its upward trend in 2024. After Donald Trump’s victory in the elections, Tesla shares rose 14.75%, benefiting Elon Musk, who became the most richest in the world, surpassing Jeff Bezos.
Amazon
The e-commerce and cloud services giant maintained solid performance in 2024. Bank of America analysts highlighted that Amazon remains its main value in the e-commerce sector, as the company is well positioned for margin expansion in 2024 thanks to the continuous optimization of its regional logistics network and the ramp of advertising opportunities.
Apple
The technology company continued its sustained growth, driven by strong demand for its products and services. Its focus on innovation and expansion in emerging markets contributed to its strong stock market performance.
Microsoft
The software and cloud services company saw steady growth in 2024. Its Azure platform and business productivity solutions continued to gain market share, which was reflected in the increase in its stock value.
These companies not only led the market in terms of their stock performance, but also played a crucial role in America’s innovation and economic growth during 2024. What will their role be in 2025? It is expected to become even more noticeable with Trump’s return to the Capitol.