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The year 2023 was ruled by the Magnificent Seven. Will the rest of the stock market surge in 2024?
2023 will go down in history as the beginning of a new, albeit strange, bull market.
Even as the rest of the S&P 500 caught up a bit at the end of the year, mega-cap technology stocks characterized by the so-called Magnificent Seven have dominated gains in the large-cap benchmark SPX, which is up 23.8% for the year. Friday has arrived.
that…
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