Several financial institutions, including RBC, JPMorgan, Deutsche Bank, BMO, and Bank of America, have made bullish predictions for the S&P 500, with projections ranging from 4,100 to 5,100 points by the end of 2024. These forecasts suggest potential gains of 8% to 12% from current levels. However, JPMorgan has taken a more cautious stance, anticipating a drop of nearly 8% for the S&P 500 in 2024 due to a challenging macro backdrop and softening consumer trends. The S&P 500 has shown significant performance in November, with the potential to achieve one of its best monthly performances in nearly 30 years.
JPMorgan strategists expect the S&P 500 to fall about 8% from current levels, ending 2024 at 4,200. @MadisonMills22 discusses: https://t.co/yW2WcbMD9L
JPMORGAN’S S&P 500 $SPY OUTLOOK FOR 2024 IS GRIMMEST ON WALL STREET JPMorgan's chief global equity strategist thinks the S&P 500 Index is set to drop to 4,200 by the end of 2024 — down ~8% from its current level “Absent rapid Fed easing, we expect a more challenging macro… https://t.co/jWdtsWit1g
JPMorgan says S&P 500 will fall next year amid 'challenging macro backdrop' https://t.co/l6jeWh56Sp by @_JoshSchafer
JPMorgan's Kolanovic Sees S&P 500 Sinking 8% Next Year Even as Earnings Grow: BBG Well, all time highs it is
JPMorgan sees the S&P 500 dropping nearly 8% in 2024 as macro risks build up https://t.co/cRYeL9sjVH
JPMORGAN: “.. we expect a more challenging macro backdrop for stocks next year with softening consumer trends .. lackluster global earnings growth .. For S&P 500, we estimate earnings growth of 2-3% next year with EPS of $225 and Price Target of 4,200 with a downside bias.” https://t.co/A6V9mjnwTN
The S&P 500 is on pace for its 4th best month — of any month — in nearly 30 years. (1994) @CNBC @peterschack $SPX https://t.co/fGElJZNr2V
The S&P 500 will roar to a new record high next year, says Bank of America, in Wall Street's latest bullish stock-market prediction https://t.co/JPcM7sISqD
BMO Capital Markets and Deutsche Bank expect the $GSPC to reach 5,100 by the end of 2024, the highest projection yet among Wall Street strategists. This would mark a new all-time high for the S&P 500 which peaked at 4,796 in January 2022. https://t.co/lS3h1ecdke https://t.co/FG7WR9cJfW
The S&P 500 will jump 12% to fresh record highs next year, even if a recession hits, BMO says https://t.co/E5k6MHQwCK
Bank of America predicts the S&P 500 will reach 5,000 by the end of 2024. A 10% increase from current levels. https://t.co/WtWocKpLWn
The best-performing stocks in the S&P 500 over the last 5 years. https://t.co/r7gege0NCT
Stock-market bulls are growing bolder: Now Deutsche Bank predicts the S&P 500 will hit a record 5,100 in 2024 https://t.co/eE6SbzwiWv
BMO says it thinks the S&P 500 could reach a record of 5,100 by the end of next year - CNBC
S&P 500 to reach record 5,100 next year, fueled by bumper corporate profits, BMO says https://t.co/gMtoEzI2E7
BMO: “.. we are once again enthusiastic about stock market potential heading into 2024. .. we continue to believe that US stocks are in a bull market that has now entered its second year. .. [2024] S&P 500 Price Target 5,100.” [Belski] https://t.co/22XvCqUFVN
Deutsche Bank strategists expect the S&P 500 to hit a record high of 5,100 points next year, implying gains of about 12% from current levels https://t.co/pvxaPvuXwq
Deutsche Bank strategists expect the S&P 500 to hit a record high of 5,100 points next year, implying gains of about 12% from current levels https://t.co/63OJcZ7xUZ
Deutsche Bank strategists expect the S&P 500 to hit a record high of 5,100 points next year, implying gains of about 12% from current levels https://t.co/VtchUzTarN
⚠️ DEUTSCHE BANK SEES 12% UPSIDE TO S&P 500 THROUGH 2024-END Full Story → https://t.co/NZWuxNLo0D https://t.co/rB7h49g3dS
The S&P 500 May Be Heading Back To 4,100 Sooner Than You Think https://t.co/KW1erqLcgy $spy $SPX #STOCKS #STOCKMARKET #market #trading #rates #dollar
JPMorgan isn’t expecting much in the way of US economic growth next year, but it will likely be enough for US investment-grade spreads to narrow further and for returns to hit a five-year high by the end of 2024 https://t.co/pHxHwFRKFT
The S&P 500 Could Be Heading Back to 4,100 https://t.co/TzdGaRBL6F $spx $spy #stocks #stockmarket #markets #trading
The S&P 500 will jump to a new record high of 5,000 next year, RBC says, joining bullish outlooks on 2024 https://t.co/8wCnq7qa6S
The S&P 500 “is now up nearly 8.7% in November, one of the best performances in the last century ..” @business $SPX 👀 https://t.co/TFgBq3vmkB https://t.co/tlqanCs5Tf