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Next month, the Fed itself will release updated forecasts for interest rates in the year ahead, the so-called dot plot. As of September, the Fed expected to raise interest rates another 0.25% in ...
The firm's forecasted year-end target for the S&P 500 implies the benchmark index will rise about 10% from current levels. The firm had a year-end price target for 2023 of 4,600 on the S&P 500.
Wells Fargo sees the S&P 500 rising another 6% this year to 5,535 as investors embrace higher valuations for the benchmark ... Wall Street just gave its highest S&P 500 forecast yet. Josh Schafer.
Wall Street has a new high water mark for the S&P 500 ().Oppenheimer chief investment strategist John Stoltzfus now sees the benchmark index ending the year at 5,500, reflecting a roughly 5% ...
Yardeni's decade-end forecast would mark a return of about 66% from current levels, or about 11% annually, roughly in line with the long-term average annual return of the S&P 500. ... showed the S ...
In all but two of the prior 28 cases, the S&P 500 was higher 12 months later, with an average gain of 12.5% and a 93% win rate. This compares to a 9.0% average one-year return with a 74% win rate.
The S&P 500 has had a major bounce during the trading session on Tuesday, as traders came back from the Juneteenth holiday. However, this is nothing more than a bear market rally.
The S&P 500 has pulled back just a bit during the course of the trading session on Wednesday, to reach down towards the 4600 level. However, a lot of this comes down to waiting on the Federal Reserve.