Oppenheimer most bullish in its year-end forecast for S&P 500

France Nouvelles Nouvelles

Oppenheimer most bullish in its year-end forecast for S&P 500
France Dernières Nouvelles,France Actualités
  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Explore stories from Atlantic Canada.

- Oppenheimer Asset Management on Monday became the most bullish among global brokerages in its year-end target forecast for the benchmark S&P 500, citing resilient economic data and effective monetary policy.

HSBC earlier in the day raised its year-end target for the S&P 500 to 5,400 from its prior forecast of 5,000, assuming a soft landing for the U.S. economy and implying about 3% upside to the current levels. "The higher target stems from better earnings expectations, supported by resilient GDP growth, recent earnings beats and positive sentiment from corporates in the last earnings season," HSBC strategists wrote in a note.

The brokerage expects the second half of 2024 to be"more volatile" due to U.S. elections, elevated earnings expectations, and a shifting narrative from"when" to"how much" the Fed will cut interest rates.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

SaltWire Network /  🏆 45. in CA

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Historical films are Academy Awards favourites. What do they tell us about the past?Historical films are Academy Awards favourites. What do they tell us about the past?Cillian Murphy stars as J. Robert Oppenheimer in a scene from Christopher Nolan's Oppenheimer.
Lire la suite »

Too much Atlantic in Atlantic City: Beach erosion has casinos desperately seeking sand by summerToo much Atlantic in Atlantic City: Beach erosion has casinos desperately seeking sand by summerATLANTIC CITY, N.J. (AP) — The ocean and beaches have always been a part of Atlantic City's identity: from salt water taffy to Miss America bathing beauties ...
Lire la suite »

Too much Atlantic in Atlantic City: Beach erosion has casinos desperately seeking sand by summerToo much Atlantic in Atlantic City: Beach erosion has casinos desperately seeking sand by summerThe ocean and beaches have always been a part of Atlantic City's identity: from salt water taffy to Miss America bathing beauties to the name of the place itself, the city has been marketed as a place to have fun by the sea.
Lire la suite »

Cocaine, meth, fentanyl seized in Charlottetown home search, charges laidCocaine, meth, fentanyl seized in Charlottetown home search, charges laidExplore stories from Atlantic Canada.
Lire la suite »

Cocaine, meth, fentanyl seized in Charlottetown home search, charges laidCocaine, meth, fentanyl seized in Charlottetown home search, charges laidExplore stories from Atlantic Canada.
Lire la suite »

Christie's to open new Hong Kong HQ, sees growing Asian Gen Z interestChristie's to open new Hong Kong HQ, sees growing Asian Gen Z interestExplore stories from Atlantic Canada.
Lire la suite »



Render Time: 2025-02-27 19:44:36