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U.S. Stock Market Faces Rough December: A Look at the Decline and How You Can Protect Your Portfolio

Myers Investment Group

The U.S. Stock Market is facing a challenging December and ending 2024 on a rocky note, with steep declines in major indices like the Dow Jones, S&P 500, and Nasdaq Composite. With just one trading day left, both the S&P 500 and Dow Jones are on track for their worst monthly performance since April.

Key Highlights

December 18

-The Dow Jones experienced 10 consecutive days of losses, nearing an 11-day streak last seen in October 1974.

-The Dow dropped over 1,100 points, while the S&P 500 and Nasdaq Composite dropped 3% and 3.6%, respectively.


December 30

-The Dow fell 1%, and the S&P 500 and Nasdaq Composite declined 1.1% and 1.2%, respectively.

-On December 27, U.S. equities erased earlier weekly gains, marking the S&P 500’s first instance of two declines in the last five trading days of the year since 1952 (Bespoke Investment Group).


Why the Drop?

The Federal Reserve's decision to reduce interest rates by 0.25% came with tempered expectations for 2025. The Fed signaled that only two rate cuts are expected next year, down from the anticipated four, due to persistent inflation and strong employment data.


This cautious outlook led to higher Treasury yields, which triggered widespread selling in the stock market as investors sought safer returns.


Additionally, many investors engaged in profit-taking, selling stocks to lock in gains, which intensified the market decline.


Looking for Stability?

With these volatile market conditions, many investors are seeking alternatives that provide stability and consistent returns. One such option is passive mortgage investing, a strategy that offers less exposure to market fluctuations.


Our investments provide consistent returns, backed by real estate that is insulated from market volatility and less directly impacted by interest rate cuts or inflation. Contact us to learn more.

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About Us

Myers Investment Group, LLC is an investment management company that provides investment opportunities backed by residential and commercial real estate assets.

Myers Investment Group is an affiliate company of Myers Capital Hawaii, LLC, an award-winning, privately-owned residential and commercial mortgage banking company 

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Contact Information

3569 Harding Avenue, Suite A
Honolulu, HI 96816

 

808-566-6611
 

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