Will the Equities Bull Run Continue Into 2024?

On the year's final trading day, global stocks declined, but they still saw their largest yearly gain since 2019.

In the year's final two months, global stock prices surged due to a decline in benchmark bond rates, which was attributed to anticipation of rate reduction by central banks in 2024.

The S&P 500 dropped by around 0.3% on Friday, falling just short of the all-time closing high set on January 3, 2022.

This year's huge gain in megacap tech firms helped the index end up with gains of around 24%.