Mixed predictions for the S&P 500 in 2024 as fundamentals point to further stock gains
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#409962b2 ver:0.67
Mixed predictions for the S&P 500 in 2024 as fundamentals point to further stock gains. Wall Street is optimistic, with targets ranging from 5,250 to 5,600. Strong earnings and economic growth suggest a 'soft landing' and easing inflation fears. Tech earnings driving growth, but potential for broadening in other sectors. Historical data shows strong first 100 days bode well for rest of the year. Cautious optimism advised as valuations normalize. S&P 500 not directly reflective of broader US economy. Recent signs of economic softening raise expectations of looser financial conditions. Goldman Sachs raises year-end target to 5,600. #S&P500 #stockmarket #economy #earnings #inflation #tech #investing...
#newstr #S&p500 #StockMarket #EarningsGrowth #UsEconomy #GoldmanSachs
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