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flag 2024 S&P 500 surges 21.5%, outpacing Wall Street's pessimistic recession predictions.

flag In 2024, the S&P 500 has surged 21.5% year-to-date, defying Wall Street's pessimistic recession predictions. flag The market's rise is fueled by AI advancements and strong performances from firms like Nvidia, making utilities the top sector. flag Historically, Wall Street forecasts have often been inaccurate, missing the mark by an average of 13.8 percentage points since 2000. flag Warren Buffett recommends a buy-and-hold strategy for long-term investing.

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