Reported 27 days ago
S&P 500 closed at 5,554, and strategist Art Hogan from B. Riley Wealth predicts a year-end target of 5,700, citing strong earnings growth and a resilient economy. Hogan suggests that while technology has led the market, broader participation is expected as small caps benefit from upcoming interest rate cuts. He reassures investors that despite some economic slowdown, growth rates remain above trend, supporting future earnings.
Source: YAHOO