5 S&P 500 Banks That Outperformed the Index in the First Half

The first half of 2024 was the banner one for the S&P 500 Index. It rallied 14.5% during the period, touching all-time highs several times.This also showed that the momentum that started in November 2023 has continued this year. The primary drivers for the steady uptrend in the index are the clarity on the path of interest rates and robust economic growth, along with persistently cooling inflation numbers. Thus, almost all the sectors within the S&P 500 Index rallied during the first half. Among the top thr ...