Stocks on Pace for Best Two Years in a Quarter-Century

Wall Street Journal: “U.S. stocks roared to another blockbuster showing in 2024. Few expect such a torrid advance in the year to come. The S&P 500 has climbed 24%, notching 57 record closes as the economy remained healthy, inflation ticked lower and an AI-fueled rally in big tech stocks powered on.”

“Even with a stumble in the last few trading days, the broad U.S. stock index is on pace for its best consecutive years since 1997 and 1998, according to Dow Jones Market Data, during the lead-up to the bursting of the dot-com bubble.”