Tuesday, December 31, 2024

The stock market is about to do something so rare that it last happened 30 years ago

New Photo - The stock market is about to do something so rare that it last happened 30 years ago

The stock market is about to do something so rare that it last happened 30 years ago


The stock market is set to gain over 20 percent for the second year in a row - a remarkable feat it has not achieved since the late 1990s. The S&P 500 is on course to rise over 20 percent this year, after gaining 24 percent in 2023. Back-to-back rallies over this benchmark would be the best performance for the index since the dot-com bubble in 1997 and 1998, according to data from FactSet.
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