From Dow Jones & Company:

Stocks in the U.S. had a stellar 2023, with the S&P 500 ending the year with a 24.2% gain. 65% of the stocks in the index were up for the year. The Fed is expected to cut rates thrice in 2024, leading to an anticipatory rally in 10-year U.S. Treasury notes whose yield ended at 3.88%. The article also provides a summary of how the 11 sectors of the S&P 500 performed in 2023, along with a list of the 20 best-performing stocks in the benchmark index. Analyzing the 2023 price action, the forward price-to-earnings ratios at the end of 2021 and 2022 have slightly declined.



Read more: These 20 stocks soared the most in 2023