
Contrary to most analysts' expectations, 2023 turned out to be a good year for U.S. stock markets. The S&P 500 Index ($SPX) rose almost 24% last year, and is now very close to its all-time highs. Thanks to the stellar tech rally in the first half of 2023, the Nasdaq-100 Index ($IUXX) surged 53% last year, and rose to an all-time high.
So, as we enter 2024, let’s analyze what lies ahead for stocks after impressive gains last year.