Last year proved to be one of the most challenging on record for investors. When we officially turned the page, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), widely followed S&P 500 (SNPINDEX: ^GSPC), and tech-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC) respectively fell by 9%, 19%, and 33%. All three indexes spent at least some of 2022 entrenched in a bear market.

However, a new year brings new hope that brighter days are ahead for Wall Street. Unfortunately, history and hope are at odds with each other.

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Source Fool.com