Stocks end 2023 up 20% as economy resiliently energizes

ViewThe S&P 500 closed out 2023 with a gain of more than 24% and the Dow finished near a record high, as easing inflation, a resilient economy and the prospect of lower interest rates buoyed investors, particularly in the last two months of the year.

Stocks closed Friday with modest losses.

The S&P 500 slipped 13.52 points,...