History Suggests Stocks Could Keep Climbing in the Second Half of 2023
By:
Sarah Hansen
Sarah Hansen
Senior Writer | Joined October 2021
Has also written:
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The stock market had a stellar first half of 2023, and history indicates that investors may have reason to be optimistic about their returns for the rest of the year.
The S&P 500 index climbed roughly 15% over the last six months. A new analysis from Bespoke Investment Group found that in years when the S&P 500 gained 10% or more in the first half of the year, the index tends to perform better than usual during the second half of the year.
What the data shows
