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January S&P 500 Seasonality Poised To Weaken After December 2023 Rally: Analyst Forecasts Strong Stock Returns For 2024
Tuesday, January 2, 2024 - 1:45pm | 636The year 2023 ended on a positive note with the stock market, as gauged by the S&P 500 index, experiencing a nearly 5% increase in December. The impressive two-month rally in November and December, with the SPDR S&P 500 ETF Trust (NYSE:SPY) surging by 14%, not only indicated a strong and...