The S&P 500 finished 2023 in spectacular fashion. The index notched nine consecutive weekly increases, its longest win streak since 2004. In total, the S&P 500 soared 24% last year as market sentiment improved amid signs of economic resilience.

Four sectors were primarily responsible for driving the market higher. The technology sector gained 56% and the communications services sector climbed 53%, helped along in many cases by excitement surrounding artificial intelligence. Consumer discretionary rose 40% as cooling inflation led to an acceleration in spending. Finally, industrials increased 18% as business investments in structures and equipment rebounded.

Not surprisingly, the 10 best-performing S&P 500 stocks in 2023 came from those four sectors, as detailed below:

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Source Fool.com