10 Stock Market Predictions for 2024
As investors ready to ring in the new year, they have to be thrilled with Wall Street's performance in 2023. The iconic Dow Jones Industrial Average (DJINDICES: ^DJI) recently climbed to a record high, with the benchmark S 500 (SNPINDEX: ^GSPC) and innovation-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) gaining 25% and 44%, year to date, through the closing bell on Dec. 28.
But it's not about where Wall Street has been, so much as where the stock market is headed next. If there were such a thing as a perfect forecasting tool, everyone would be using it. Unfortunately, there isn't, which means the best we can do as investors is use a combination of history, macro and company-specific data, and our experience, to make predictions about the future.
What follows are 10 stock market predictions -- including macro predictions that can have bearing on the performance of equities -- for 2024.
Source Fool.com
