The S&P 500 Hit an All-Time High in the First Half of 2024 -- Should Investors Expect a Decline to Finish the Year?
In 2022, the S&P 500 declined by over 19%, marking its worst year since 2008 during the Great Recession. Luckily, the index has bounced back since then, finishing 2023 up over 24% and now up over 15% through the first half of this year.
On June 18, the S&P 500 hit a new all-time high, topping over 5,487. This is great news for investors in the stock market's most popular and important index, but the huge gains have some investors concerned about a correction heading its way.
Whether the S&P 500 sees a decline in the back half of the year remains to be seen, but investors should keep a few things in mind.
Source Fool.com