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 Up 32% in a year, here’s why Goldman says the S&P 500 could soar another 15% in 2024
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Goldman Sachs predicts that the S&P 500 could rise another 15% in 2024 due to ongoing investor exuberance with big tech stocks. The base case is for the S&P 500 to close the year at around 5,200 points, but a shift in the interest rate outlook without a deterioration in the economy could propel the index to 6,000 points. The ASX 200 is also performing well, up 0.4% and within striking distance of surpassing its all-time closing high. Investors looking to track the performance of the S&P 500 may consider the SPDR S&P 500 ETF Trust (ASX: SPY), which has gained 33.7% over the past year.

#S&p500 #GoldmanSachs #Investing #Asx200 #StockMarket

https://www.fool.com.au/2024/03/25/up-32-in-a-year-heres-why-goldman-says-the-sp-500-could-soar-another-15-in-2024/