December 30, 2024

Why S&P 500 rising to 6,000 is ‘hardly a stretch’ as stocks clinch new record

 Why S&P 500 rising to 6,000 is ‘hardly a stretch’ as stocks clinch new record

Why S&P 500 rising to 6,000 is ‘hardly a stretch’ as stocks clinch new record

The U.S. stock market appears to have “earnings momentum” over the next year, with an S&P 500 price target of 6,000 in 2024 not much of a stretch from its current level, according to DataTrek Research.