Reported about 22 hours ago
Wells Fargo has set the most optimistic stock market forecast for 2025 on Wall Street, predicting the S&P 500 could rise over 26% to reach a target of 7,007. Equity strategist Christopher Harvey points to favorable macroeconomic conditions and corporate margin expansion as key drivers for this growth, suggesting a broadening rally beyond the top tech stocks. Despite initial concerns about market sentiment and valuations, the data suggests that 2025 will likely be a strong year for stocks.
Source: YAHOO