Reported about 6 hours ago
A Goldman Sachs analyst has indicated that U.S. stocks may begin their year-end rally as early as this week, following a period of consolidation. Scott Rubner, a leader in global markets at the bank, projects a year-end target of 6,300 points for the S&P 500, anticipating solid gains driven by Federal Reserve interest-rate cuts, a resilient economy, and pro-growth policies from the incoming administration. Analysts are optimistic about maintaining this growth trajectory well into 2025, with long-term predictions suggesting the S&P could reach between 8,000 and 10,000 points by the decade's end.
Source: YAHOO