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S&P 500 Hits 57 All-Time Highs In Record-Breaking 2024: Magnificent 7 Drive 30% Of Nasdaq's Surge

Benzinga ·  Dec 25, 2024 23:30

The year of milestones, 2024, has seen an unperturbed rise in the current bull market, which is nearly 26 months old. It is higher by more than 70% from the mid-October 2022 lows. As we wrap up the year with the possibility of a 'Santa Rally,' let's recap 2024's landmark junctures.

Major U.S. Benchmarks Scale Fresh Records

The S&P 500 Index has made 57 new all-time highs this year, hitting the last one on Dec. 6, 2024. Also, "2024 would go down as the best election year return ever," saidRyan Detrick, the chief market strategist at Carson Research in a note.

"Going back...

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