The S&P 500 will test record highs in 2024 as rising profits fuel bull market

• The stock market is poised to test record highs in 2024 as the second year of the bull market gets underway.
• Carson Group said it expects the S&P 500 to deliver low-double-digit returns next year thanks to rising profits.
• "If both profits and profit margins are increasing next year, that should be a nice tailwind for equities," Carson's Ryan Detrick said.

The S&P 500 is poised to test record highs in 2024 as the second year of the bull market gets underway, according to a Thursday note from Carson Group chief market strategist Ryan Detrick.