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The S&P 500 has surged nearly 26% in 2024, nearing a record high due to better macroeconomic conditions, AI excitement, and potential corporate tax cuts.
November 30, 2024 | 10:15 am
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The S&P 500 index has risen nearly 26% in 2024, approaching a record high due to favorable economic conditions, AI developments, and potential tax cuts.
The S&P 500's significant rise is attributed to positive macroeconomic trends, AI sector growth, and the anticipation of corporate tax cuts, all of which are strong drivers for continued upward momentum.
CONFIDENCE 100
IMPORTANCE 90
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