Investors will be quick to turn the calendar year to 2023 after the U.S. stock market notched its worst annual performance since 2008, driven by elevated inflation, global recession fears, and tightening monetary policy.
The leading benchmark indexes recorded notable losses in 2022, led by the tech-heavy Nasdaq Composite Index’s 33.1 percent decline. The S&P 500 plummeted 19.4 percent, while the Dow Jones Industrial Average slumped 8.78 percent.
