March 2024 Market Update – Tech stocks continue to drive markets higher
Posted on: April 2, 2024
Strong earnings results from a range of companies helped to push stock markets to new highs
January’s market rally sparked by tech stocks continued into February, with US benchmarks driven to new highs following some strong earnings results. The surge has been fuelled by optimism over the business potential of artificial intelligence. US equities were also buoyed by solid manufacturing, housing and labour-market data.