Stocks Surge to Record Highs as Bull Market Broadens Beyond Tech
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Stock indexes are at all-time highs, suggesting we are in a new bull market.
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Much of the recent market gains have come from a handful of mega-cap stocks, but the rally is starting to broaden.
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Earnings growth expectations in 2024 indicate earnings could continue driving the market higher.
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Some valuations are stretched but there's still room for growth if earnings estimates are met.
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The market's gains have outpaced historical bull market cycles so far, suggesting more upside if earnings lead.