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The S&P 500 has hit 46 all-time highs in 2024. The bull market hasn't weakened in the fourth quarter, and top bank research desks have been rushing to raise their S&P 500 price targets into year-end.
Good luck in 2024! For older forecasts, read: Wall Street's 2023 outlook for stocks 🔭. and Wall Street's 2022 outlook for stocks. Wall Street’s 2024 U.S. economic outlook. Below is a sampling ...
The stock market has been on a tear in 2024, with the S&P 500 rising by nearly 21 percent over the first three quarters of the year. But the situation may not be so brisk over the coming 12 months ...
2024 China stock market crash 2 Feb 2024 China: The Shanghai Composite Index plummeted from a high of 3703 in September 2021 to 2730 on 2 February 2024, marking a 26.3% decline ahead of the Chinese New Year. The government swiftly intervened in the stock market following the crash by prohibiting short selling and reshuffling government officials.
Historically, September has been the worst month of the year for the stock market. As shown above, during the last decade, the S&P 500 has declined by an average of 2.3% in September.
With markets now cheering soft inflation prints and signs the economy is still growing, Lee thinks a similar narrative plays out in 2024. "2023 was a year where the [stock market] technicians got ...