Wednesday , 27 November 2024
Home Forex Equity strategists see S&P 500 ending 2025 at 6,500 – poll
Forex

Equity strategists see S&P 500 ending 2025 at 6,500 – poll

The poll was conducted after the US election in the period of 15 November to 26 November. The findings show that the median forecast is for the S&P 500 to end 2025 at 6,500 – which is roughly 8% up from yesterday’s close. The forecast here is sharply higher compared to the previous forecast in August, seen at 5,900.

The rally this year is largely driven by the ‘Magnificent Seven’ and will be expected to be the same next year. That said, the consensus seems to be that they will outperform by a smaller margin compared to the other stocks within the index.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

EURUSD Technical Analysis – The pair looks to be bottoming out

Fundamental OverviewThe US Dollar remains the strongest currency but overall, we haven’t...

Germany GfK Consumer Confidence Survey below expectations (-18.6) in December: Actual (-23.3)

Germany GfK Consumer Confidence Survey below expectations (-18.6) in December: Actual (-23.3)

Silver price today: Silver broadly unchanged, according to FXStreet data

Silver prices (XAG/USD) broadly unchanged on Wednesday, according to FXStreet data.

Germany December GfK consumer confidence -23.3 vs -18.6 expected

Prior -18.3; revised to -18.4That's the weakest reading since May and it...