How the stock market defied expectations again this year, by the numbers

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Bill Clinton,Elon Musk,Technology

What a wonderful year 2024 has been for investors.

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FILE - A sign for a Nvidia office building is shown in Santa Clara, Calif., on Aug. 7, 2024. – U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates.The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn't just Apple, Nvidia and the like.Remember when President Bill Clinton got impeached or when baseball's Mark McGwire hit his 70th home run against the Montreal Expos? That was the last time the U.S.

Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Read full article: Save on gifts, travel essentials and more with these Insider DealsYou got everyone else a gift, now here’s one for you: 31% off Beats earbuds

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Who got it right and wrong on Wall Street in their 2024 stock market outlookOriginal year-end forecasts for the S&P 500 ranged from 4,200 at JPMorgan Chase to 5,200 at Oppenheimer. All of them were wrong.
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