The S&P 500 index recorded impressive gains of 20% so far in 2024 to hit a level of around 5,740 points as of this writing, and the good news is that certain Wall Street analysts believe that the index could end the year on a stronger note.

U.S. stocks rose to another record Thursday as financial markets around the world rallied again. The Standard & Poor's 500 added 0.4% to set an all-time high for the third time this week and the 42nd time this year.

U.S. stock indexes are drifting around their records as hopes hold that the economy can pull off the rare feat of getting painfully high inflation under control without a recession.

This artificial intelligence (AI) hardware specialist was added to the benchmark S&P 500 Index after years of solid growth.