
Americans faced many financial challenges this year, from persistent inflation to increasingly expensive debt. However, the stock market was one area of the economy that saw improvement.
After plunging more than 18% in 2022, the S&P 500 rallied over 24% in 2023. (Fun fact: Every time the S&P 500 has fallen more than 18% in a year, it has then posted at least two consecutive years of gains.)