U.S. stock markets have maintained their northward journey in 2024 after an astonishing rally in 2023. Despite the recent mayhem, year to date, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have advanced 7%, 14% and 13%, respectively. However, a qualitative difference appeared between the rally of 2023 and 2024. Last year, the rally was predominantly driven by the technology sector. An unprecedented adoption of generative artificial intelligence (AI) technology globally was ...