Stock Traders in Congress Beat the Market Again

In Analysis by Michael Rae

2023 was a good year for the stock market. CNN reported the year’s performance stats for the three most well-known U.S. stock market indices.
S&P 500: While the broadest measure of the US stock market closed 0.28% lower on Friday, leaving it just under 30 points away from a record-high close, it gained 24% this year, ending 2023 with a bang. It also notched its ninth-straight weekly gain—the longest streak since January 2004. This year has been much kinder to the market than last: The benchmark index fell by about 20% in 2022.
Dow Jones Industrial Average: The Dow reached multiple record highs in December,

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