This year's steady climb of the S&P 500 index has market experts forecasting a robust remainder of 2024. JPMorgan analyst Madison Faller recently highlighted that the S&P 500 has gained over 10% in 100 trading days, and whenever that has happened since 1950, "stocks have closed out the full year with an average return of about 25%."
"This time last year, the S&P 500 was up over 8% and later closed the year with a gain of almost exactly 25%," she added.
