SPY: Softer Economy Indicates Underwhelming 2024 (SP500) -LSB

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Gold lettering S&P 500 and the US flag surrounded by a red and green arrow on a neutral background. 3D rendering. Stock market concept


S&P 500 (SP500) and its counterpart fund, the SPDR S&P 500 ETF Trust (NEW YORK:SPY) touched a new high of 2023 recently and we have now seen a 21% increase year-to-date [YTD]. This is significantly higher than the average annual return of 11.6%.

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