After stellar Q4 quarterly and 2023 annual performances of 11.24% and 24.23% respectively, the US S&P 500 has started 2024 on a lacklustre footing, in the past two and half weeks, it has recorded an accumulated loss of -0.64% at this time of the writing after missing just a whisker to retest its all-time high of 4,818 set on 4 January 2022 with an intraday high of 4,802 printed on last Friday, 12 January 2024.