Macro Trends in Q4 2024 US equities showed remarkable resilience, particularly large-cap growth stocks, which posted gains of 7.1% for Q4, while international markets lagged due to a stronger
US dollar and global policy uncertainty. The Federal Reserve maintained a hawkish stance but implemented its third consecutive rate cut, responding to persistent inflation and market challenges. Fixed income markets experienced headwinds, especially long-term Treasury bonds, which declined as yields rose to 4.6%.​ Sector and Industry Performance Domestic cyclicals—including finance, industrials, and autos—led Q4 results with robust profit growth, while defensive sectors like IT and consumer staples grew
modestly.​ Consumer sectors showed steady trends and anticipate price adjustments in early 2025, with recovery expected in volumes later in the year.​ Key Earnings Insights Analyzing quarterly results reveals leading factors driving company performance such as revenue growth, adjusted earnings per share (EPS), and cost management.​ Major companies met or exceeded expectations, with financial and automobile sectors driving positive momentum on the Nifty index.​ Additional Highlights The S&P 500 achieved 57 new all-time highs, with an annual gain of 25%, marking one of the strongest performances in recent decades. Technological innovation and sustainability were key drivers, especially in materials and chemicals, as companies shifted toward bio-based and eco-friendly solutions.