You are here

A banner year for the US stock market

Strong year-end momentum is expected to lift the S&P 500 Index to biggest annual increase since 1997

THE broadest equity rally on record will pick up speed through the year end and lift the Standard & Poor's 500 Index to the biggest annual increase in 16 years, if history is any guide. Shares have climbed in the final two months 82 per cent of the time since 1928 when the benchmark gauge