In the 2024 US elections, various factors like politics, economy, finance, and social issues led to a dynamic stock market environment. The S&P 500 Index reached a 48th historical high, the Nasdaq 100 Index rose by 2.7%, and the Dow Jones Industrial Average climbed 3.6%. Additionally, cryptocurrency-related stocks performed well with MicroStrategy up 13.17% and Coinbase up 31.11%.
These developments were influenced by President Trump’s actions, such as his alliance with Elon Musk, and the popularity of social media platform, X.
