Volkov Yuriy
Recruit
- Messages
- 612
WHAT DRIVES PROFITS FOR FRESHFOREX CLIENTS?
Global stock markets have experienced an exceptionally strong year since 2019, thanks to a two-month rally. Investors bet on major central banks halting interest rate hikes and swiftly lowering them in the coming year, contributing to market growth.
The US S&P 500 index (#SP500) has risen by 14% since October and by 24% overall for the year, nearly reaching an all-time historical record on the last trading day of the year. The NASDAQ Technology Index (#NQ100) posted its best performance in two decades, increasing by 43% in 2023. In contrast, the London Financial Times Stock Exchange Index (#FTSE100) lagged behind US and European markets, growing by less than 4% in 2023.
This positive trend in the US stock market is a crucial signal for investors and the economy at large. Index growth reflects investor confidence in the prospects of the American economy, demonstrating the strength and resilience of US companies in the current market conditions.
Shares of a small number of major technology companies accounted for a significant portion of Wall Street's profits this year. The rally was mainly driven by the success of the so-called "the Magnificent Seven" - Apple, Microsoft, Alphabet, Amazon, Tesla, Meta (formerly Facebook), and Nvidia. All of them are available in our trading terminal!
Positive data on stocks and indices set a positive trend for FreshForex clients' profits in 2024, as evidenced by the successful start of many of our traders in January
And you can start earning right now! Trade the most popular stocks and indices with us, with leverage up to 1:1000!