Stock Market 1st Quarter 2024. Morningstar specialists discuss stock market valuations, interest rate forecasts, gdp expectations, and more. Stocks rallied into the close to end the last trading day of the month, capping a fruitful first quarter of 2024 with a fresh record high for the s&p 500.
As we head into the second quarter, itโs time to take a step back and evaluate how the equity markets performed in the first three months of 2024. Stocks held onto gains in the second quarter, even as concerns over stubborn inflation, strong economic data and reduced expectations for fed rate cuts.