traders toast with champagne in the trading hall of the Frankfurt Stock Exchange in front of the display board showing the Dax curve. On the last trading day of a strong stock market year 2023, the German benchmark index (Dax) is little changed. Photo: Arne Dedert/dpa (Photo by Arne Dedert/picture alliance via Getty Images)dpa/picture alliance via Getty Images
With 2024 right around the corner, there is plenty to celebrate about 2023. While unpleasant shocks may mar 2024, the forces propelling economic and stock market growth this year — with some new twists — are likely to persist in 2024.
How Stocks And The Economy Performed In 2023
Stocks have had a great 2023. According to the Wall Street Journal, the highlights as of December 28 include:
- The S&P 500: +25%.
- The Dow Jones Industrial Average: +14% to a record high above 37000.
- Nasdaq Composite: +44% due to a “mania…