The Dow Jones Just Hit a Record High in February: Should You Buy Stocks Now?

The stock market has been one of the best ways to build your nest egg, but it's not always a smooth ride. As the Federal Reserve aggressively hiked rates in 2022, asset prices tanked. But 2023 was a turnaround year, and the optimism has carried over so far into 2024.

The Dow Jones Industrial Average, one of the most closely watched indexes, was up 12% in 2023. And on Feb. 23, it was up 2% for the year, and the popular index of 30 blue chip companies had hit a new all-time high.

Are you wondering if it's time to buy stocks now?

Source Fool.com