Stocks cap best two years in a quarter-century

The past two years have brought blockbuster returns on the stock market. (Image: File)

Thu, 02 Jan 2025

By Karen LangleyUS stocks roared to another blockbuster showing in 2024. Few expect such a torrid advance in the year to come.The S&P 500 climbed 23%, notching 57 record closes as the economy remained healthy, inflation ticked lower and an AI-fuelled rally in big tech stocks powered on. Even with a stumble in the last few trading days, the broad US stock index wrapped up its best consecutive years since 1997 and 1998, according to Dow Jones Market Data, during the lead-up to the bursting of the dot-com bubble.The rally has created millionai...

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