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Stocks finished 2023 with stellar gains, helped by rate-cut expectations. The resilient economy and the market gains could continue in 2024.
Wall Street economists and market strategists entered 2023 expecting a recession and predicting unusually weak returns for stocks.
A fresh slew of labor market data is set to greet investors in the first week of trading in 2024.
The U.S. stock market’s hefty gains in 2023 could provide a lift for equities next year, if history is any guide. The S&P 500 ended the year on Friday with an annual gain of just over... -December 31, 2023 at 09:00 am EST - MarketScreener
Market strategists who track historical trends say that such a strong annual performance for stocks has often carried over into the following year, a phenomenon they attribute to factors including momentum and solid fundamentals.