Analysts led by David Kostin wrote in a Friday note that the firm predicts the S&P 500 will reach 6,000 by the end of the year and 6,300 a year from now. If Goldman’s predictions are correct, the broad stock market index could increase by 4% through December and 10% over the n...
The stock market is already heavily concentrated in tech and AI stocks, with Nvidia alone accounting for more than a third of the S&P 500’s gains this year. Meanwhile, Wall Street is scrambling to keep up with the market’s relentless rally, with more analysts raising their year...
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and that the S&P 500 will hit 15,000 by 2030. “This will be the 3rd time that stocks entered a cycle where annual returns compound at high teens” said Tom Lee. Tom suggests thisbull marketwill be driven by
U.S. stocks resembled a “roller coaster” on Monday with a pattern of swings that frequently followed a market low, as the S&P 500 tries to recover from April’s slump, according to Bespoke Investment Group. “The S&P 500 opened higher, quickly sold off in the morning,...
For example, Nvidia shed more than $500 billion in market value after a recent three-day sell-off in June, dragging down the S&P 500 into a multiday losing streak. (The stock has since recovered a bit.) The S&P 500′s concentration “is a bit riskier than people realize,” said ...
The stock market is riding high after a strong performance in July, but August could be a difficult month for investors. Data compiled by the Stock Trader’s Almanac shows the S&P 500 averages just a 0.1% gain in August. That makes it the third-worst month on average for the benchmark...
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index's gain in 2020, including consumer discretionary L Brands (LB), materials company Freeport-McMoRan (FCX) and industrial Generac (GNRC), are doing it all again already this year so far, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and...