For more than a year, Wall Street has been putting smiles on most investors' faces. Following bear market declines in 2022 for the iconic Dow Jones Industrial Average, broad-based S 500, and innovation-fueled Nasdaq Composite, all three major stock indexes have powered their way to record-closing highs in 2024.

Although there's no shortage of factors that have fed the current bull market, such as a lower inflation rate and the continued strength of the U.S. economy, much of the heavy lifting has fallen on the shoulders of the "Magnificent Seven."

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Source Fool.com