Annual Outlook | 7100 points! Wall Street refreshes the Target Price for the S&P, is a bull market in US stocks continuing in 2025?

Overall, major banks are optimistic, with the highest target for the S&P reaching 7,100 points, while the average target point according to Bloomberg Statistics is 6,496.17 points, indicating more than a 7% upside potential from the current latest closing price; many bears have flipped their positions, and only two Institutions remain cautious about the direction of the U.S. stock market.

Futu News19:05

U.S. Stock Outlook | Three major futures indexes rose collectively, with Tesla pre-market up nearly 1%, poised to set a historical high at the open; Goldman Sachs: The Federal Reserve will "skip" a rate cut in January, and may signal a slowdown in easing

Super Micro Computer fell nearly 14% before the market and was removed from the NASDAQ 100 Index component; Broadcom continues to rise 3% before the market, as Bank of America raised the Target Price to $250.

Futu News21:04

USA S&P Global Services PMI For December 58.5 Vs 55.7 Est.; 56.1 Prior

Benzinga1minutes ago

The Federal Reserve's 'mouthpiece' has made a statement before the meeting: the Fed's strategy for interest rate cuts is constantly changing.

The "Fed's mouthpiece" stated in its latest article that the Federal Reserve is facing another potential turning point. After this week, officials are ready to slow down or even stop interest rate cuts.

Golden10 Data14:33

USA S&P Global Composite PMI For December 56.6 Vs 54.9 Prior

Benzinga1minutes ago

USA S&P Global US Manufacturing PMI For December 48.3 Vs 49.4 Est.; 49.7 Prior

Benzinga1minutes ago