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The S&P 500 Jumped Nearly 15% in the First Half of 2024. Here's What History Says It Could Do in the Second Half of the Year.

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The S&P 500 Jumped Nearly 15% in the First Half of 2024. Here's What History Says It Could Do in the Second Half of the Year.: https://g.foolcdn.com/editorial/images/782501/happy-traders-wall-street-celebrating-profit-growth-win.jpg

Investors are off to a good start in 2024 -- at least based on how the S&P 500 is performing. The widely followed index jumped nearly 15% in the first half of the year.

The momentum in 2023 for several megacap stocks has continued into 2024, pushing the S&P 500 to new all-time highs. Five of the so-called "Magnificent Seven" stocks are up by double-digit percentages.

What's next for the S&P 500? Here's what history says it could do in the second half of the year.

Source Fool.com

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