Stock Market 1st Quarter 2024. Investors ended 2023 on an exuberant note. The s&p 500 gained 10.8 percent in the first quarter, continuing a rally that began in late 2023 and notching its strongest start to the year since 2019.

Stock market is now trading equal to a composite of our fair value estimates. Stocks held onto gains in the second quarter, even as concerns over stubborn inflation, strong economic data and reduced expectations for fed rate cuts sprinkled.