Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. As the Federal Reserve embarked on the second year of its rate-cutting cycle after its last cut in September 2024, historical data points to potentially significant gains for the S&P 500, with an average return of over 16% in the second year following initial cuts. S&P 500 Poised To Soar In Absence Of Recession However, a crucial caveat remains: these robust returns are contingent on the U.S. economy suc ...