Analysis: Potential Market Outlook Following S&P 500's Strong Start in 2024
Tuesday, 28 May 2024, 16:12
S&P 500 Market Analysis
If a summertime rally in a presidential election year followed form, the S&P 500 might stand at 5650 by Labor Day, according to Bank of America.
Key Takeaways:
- S&P 500 saw a rise of over 10% in first 100 trading days of 2024
- Market speculation on future performance and trends
- Bank of America predicts potential rise to 5650 by Labor Day
Investors are closely watching for indicators of potential growth or corrections in the market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.