Stocks Soar to Near Record Highs in 2023 Despite Rate Hikes
- Stocks end 2023 near record highs despite Fed rate hikes during the year
- S&P 500 up 24% in 2023; Dow up 13%; Nasdaq soars over 40%
- Resilient market defied expectations of a recession from rate hikes
- Analysts disagree on 2024 outlook but tech stocks seen leading further gains
- Bullish forecasts see "new tech bull market" and growth accelerating in 2024