Reported 2 days ago
Wall Street strategists are updating their 2025 forecasts, predicting the S&P 500 will continue to rally without relying heavily on artificial intelligence (AI) influence. Notable forecasts include a year-end target of 6,700 from BMO Capital's Brian Belski and 6,500 from Morgan Stanley's Mike Wilson, both indicating a shift toward broader market participation. Despite earlier reliance on AI boosts, strategists now anticipate earnings growth to broaden beyond tech stocks, reflecting a matured bull market as the Federal Reserve potentially cuts rates in the coming year.
Source: YAHOO