Market Review 2024: Stocks Overcome Uncertainty to Notch Another Strong Year

Graph of stock value with upward trend

Financial markets showed resilience in 2024, extending the bull market that began in late 2022 as stocks weathered interest-rate changes, uncertainty around the US elections, and the ups and downs of the Magnificent 7 stocks.1 The S&P 500 posted a gain of more than 20% for the second year in a row-the first time that has happened since 1998-99.

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