Stock market notches best annual gain since 2013

Stocks in 2019 gained almost 29 percent, the most in six years, according to CNBC.

After Tuesday’s closing bell, the S&P 500 Index was just shy of the 29.6 percent increase in 2013.

The Nasdaq Composite also saw its best annual gain since 2013, while the Dow Jones Industrial Average was up about 22 percent, the most since 2017, CNBC reported.

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In Tuesday’s trading session, the S&P 500, the Nasdaq and Dow Jones all rose close to 0.3 percent.

Analysts attributed some of 2019’s performance to a drop in stock prices at the end of last year, but said the increases were nonetheless solid.

The gains put President TrumpDonald John TrumpSchumer renews call for witnesses to testify in impeachment trial in wake of ‘game changer’ report Tulsi Gabbard: Impeachment has ‘greatly increased the likelihood’ of Trump reelection and GOP retaking House Susan Collins says she’s ‘open’ to calling witnesses in Senate impeachment trial MORE in a strong position as he seeks reelection in 2020 amid the backdrop of low unemployment.

Democrats, however, argue that many middle-class families aren’t feeling the positive effects of the rising markets since much of the value of stocks is held by the wealthy. White House hopefuls have also criticized the increasing cost of housing and household expenses.

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