U.S. stock indexes are feeling pressure from better-than-expected reports on the job market and business activity.

A soft finish to 2024 still left stocks with a second straight stellar year. The S&P 500 logged a 23.3% gain, which follows a 24% rise in 2023. The combined gains of more than 53% was the largest two-year percentage jump for the index since year-end 1998,

Most Wall Street analysts see upside in the stock market in 2025. Here's what investors should know.