A brilliant start, a saggy middle and then a flat thud — but an astounding finish, nonetheless — that was the trajectory of the S&P 500 last year.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe, which was a shortened trading day for many bourses. China's CSI 300 ended the year 15% higher, snapping its three-year losing streak, though its lost 1.6% on the day.
The broad-based index blazed through the gates right from the start of 2024. In the first quarter of the year, it jumped up 10.2%. That's more than 10 times its average gain since 2000, noted CNBC's Robert Hum. In the final quarter of 2024, the S&P limped forward just 1.9%. Making things worse, someone out there was naughty, preventing Santa from conducting his typical year-end rally in the stock market.
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