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Major averages ended another positive month as the rally driven by an artificial intelligence boom as well as rate-cut expectations chugged along.

Major averages ended another positive month as the rally driven by an artificial intelligence boom as well as rate-cut expectations chugged along.

The S&P 500 finished Wednesday’s regular session on the brink of the 5,000 milestone.

The S&P 500 finished Wednesday's regular session on the brink of the 5,000 milestone.

The social media giant also reported strong fourth-quarter results, posting a 25% gain in sales and profits that tripled, while also projecting revenue growth for the current period that surpassed projections.

(Bloomberg) -- Meta Platforms Inc. announced plans to buy back an additional $50 billion in shares and issue its first-ever quarterly dividend as Chief Executive Officer Mark Zuckerberg works to convince investors that his costly bets on the metaverse and artificial intelligence will pay off.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoQQQ Up in Late Trading as Meta Soars, Apple Falls: Mar

For the S&P 500 to increase in 2024, earnings need to expand.

The stock market just finished 2023 with a bang as the S&P 500 climbed for nine weeks in a row to end the year.

The stock market just finished 2023 with a bang as the S&P 500 climbed for nine weeks in a row to end the year.

The stock market just finished 2023 with a bang as the S&P 500 climbed for nine weeks in a row to end the year.