The Top 5 Performing S&P 500 Stocks YTD in 2024
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The S&P 500 has seen a remarkable performance in 2024, with the S&P 500 ETF (SPY) achieving a 25.31% return YTD. This growth is driven by monetary policy changes, Federal Reserve rate cuts, AI advancements, and a recent rally after Donald Trump's election victory.
November 08, 2024 | 1:45 pm
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The S&P 500 ETF (SPY) has achieved a 25.31% return YTD, driven by favorable monetary policies, AI advancements, and a post-election rally.
The SPY ETF's performance is directly linked to the S&P 500's strong year, influenced by rate cuts, AI advancements, and a market rally post-election. These factors are likely to continue supporting SPY's upward trend.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100