S&P 500 Projected to Hit 10,000 by Decade's End Due to Optimism

Reported 13 days ago

Strategists predict the S&P 500 index will reach 10,000 by the end of the decade, driven by a pro-business shift under President Trump, with estimates suggesting a rise from 6,100 by 2024 to 10,000 by 2030. Ed Yardeni of Yardeni Research emphasizes that increased corporate tax cuts and deregulation will stimulate growth, while some analysts caution about potential market corrections and ongoing inflation concerns. Despite high valuations, many believe that strong earnings growth can support the market's upward trajectory.

Source: YAHOO

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