US stocks were expected to bounce back on Tuesday, setting up a fitting end to a roaring trading year after an uncharacteristic limp to the end.

Futures linked to the S&P 500 (IS=F) grew by 0.3%, while those of the highly technological Nasdaq (NQ=F) increased by around 0.5%. Dow Jones Industrial Average futures (YM=F) gained 0.4%.

The benchmark S&P 500 (^GSPC) is up around 23.8% by 2024, according to data from Yahoo Finance. The high-tech Nasdaq Composite (^IXIC) has increased by almost 30%. The Dow Jones Industrial Average (^DJI) has registered a more modest gain of 13%.

Major indices are forecast to post big gains in 2024, in a year that was marked by a continued rise in AI trading: led by the so-called “Magnificent 7” – even like the the bull rally widened across the board.

Meanwhile, the Federal Reserve made its first interest rate cut in four years, while President-elect Donald Trump’s return to the White House lifted stocks over the past two months. (Yahoo Finance’s Josh Schafer and Alexandra Channel have a great summary of the year’s big themes in charts.)

In commodities, gold (GC=F) is up more than 27% this year, on track for its biggest annual gain since 2010. And in cryptocurrencies, Bitcoin (BTC-USD) is up more than 100% this year, though pulled back from the $100,000 level it breached earlier this month.

But generally the good times have stalled over the past week as markets have given up some of their big gains, all the more uncharacteristic given the typical “Santa Claus” rally that marks the end of the year