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 NewsDec 16 19:05

U.S. stock market closing | The three major indexes had mixed results, with the Nasdaq increasing over 1% to reach a new high, while the Dow Jones fell for the eighth consecutive day; Broadcom surged over 11%, and Tesla rose over 6%, both reaching histori

The Dow Jones Industrial Average has recorded its longest losing streak since 2018; NVIDIA fell over 1%, marking its third consecutive decline; MicroStrategy, which was added to the Nasdaq 100 index, surged over 7% intraday before reversing to a loss, and Super Micro Computer, which was removed from the index, closed down over 8%. Chinese concept stocks fell over 2%.

wallstreetcn9minutes ago

Top economists: The Federal Reserve is facing a choice, and Powell may hint at pausing interest rate cuts in January next year!

Renowned economists indicate that in order to cope with inevitable decision points, the Federal Reserve must change its policy-making approach.

Golden10 Data11minutes 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 DataDec 16 14:33

VOO ETF Climbs 0.4%

Dow Jones05:36

Ease up on Mag 7, ''Trump Trade' Exposure as Inflation Flare-up Looms: MS Wealth Mgmt

Seeking Alpha03:41