The U.S. stock market’s hefty gains in 2023 could provide a lift for equities next year, if history is any guide. Hours before the closing bell in the last session of the year, the S&P 500 was set to finish with a 24% annual gain. Market strategists who track historical trends say that such a strong annual performance for stocks has often carried over into the following year, a phenomenon they attribute to factors including momentum and solid fundamentals.
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