US Stocks' Remarkable Year in Review

US stocks have had a strong year with over 37% gains since April, driven mainly by tech stocks, which contributed nearly 40% of the market's return. Despite recent sell-offs, valuations in tech remain attractive, though some strategists are reducing exposure to AI themes and shifting focus to small caps and Latin American stocks. The market is expected to be quiet in the upcoming week with limited trading around the holidays, and economic data remains mixed as investors await clearer signals in the new year.