Markets Took a Wild Ride in 2023. Here’s a Breakdown in Four Charts.

**1. Major indexes** Stocks delivered unexpectedly big returns in 2023, as the economy and the labor market stayed strong, consumers kept spending and inflation slowed toward the Federal Reserve's 2% target. A December survey by BofA Securities found fund managers hadn't been this bullish about stocks since February 2022. **2. The Magnificent Seven** Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla were in the driving seat last year.