2024-02-01 22:50:00 ET
Summary
- The race into 2024 has begun, and the U.S. market is off to a quick start. The S&P 500 jumped out of the gates by +1.6%.
- The bull market rally broadened out at the end of 2023, but 2024 returned to the leaders of last year’s pack.
- Out front, in the lead of the Mag 7, is Nvidia with a +24% gain in January.
The race into 2024 has begun, and the U.S. market is off to a quick start. The S&P 500 jumped out of the gates by +1.6%, and the technology and AI (Artificial Intelligence) – heavy NASDAQ index raced out by +1.2%....
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Quickly Out Of The Gate