Investors just walked off with their best annual stock market results in more than 15 years. The Standard & Poor’s 500 index jumped 30 percent, better than any year since 1997. The Dow Jones industrial average soared 26.5 percent, its best performance since 1996. Both benchmarks closed at record highs Tuesday.
2013 was part of a powerful bull market that began in 2009. That climbing stock market has pushed the S&P 500 index up more than 173 percent over nearly 58 months.
Predicting how stocks might perform in 2014 depends on what prognosticators believe moved the market so much higher last year. Are current equity prices based on the sound fundamentals of a slowly improving economy or artificial stimulus from the Federal Reserve? Full story for BostonGlobe.com subscribers.