Markets performed surprisingly well last year. Ehe U.S. stock market had a good year despite competition from high interest rates, with the S&P up 24%.with the S&P up 24%.

The strength of the stock market was mainly explained by the technology sector, where the irruption of artificial intelligence drove the shares of processor manufacturer Nvidia up 239%. The communications services sector also had a stellar year, with Meta registering a 194% increase. Travel-related services, in the wake of the pandemic, were also among the winners, with cruise company Royal Caribbean showing a 162% return.

The losers? Utility companies, defensive consumer stocks and vaccine manufacturers.Consumer defensive stocks and vaccine manufacturers. This infographic from Visualcapitalist summarizes the market's behavior.