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S&P 500 may rise to 5,100 by end of 2024 as U.S. stock-market rally broadens, Citi says

Por: MarketWatch Business December 08, 2023

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The U.S. stock market has rallied during the fourth quarter, with the S&P 500 trading around 4,607 on Friday afternoon at last check, according to FactSet data. The index has climbed around 20% this year against the backdrop of a resilient economy, despite the Federal Reserve’s tightening of monetary policy to bring down inflation.  “All told, we are positive on U.S. equities premised on improving earnings growth, even as recession risk... + full article



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