This time last year, analysts were gloomy on the stock market outlook, given the war in Ukraine, the prospect of higher interest rates and expectations of a recession. Yet 2023 is proving the exact opposite, with the S&P 500 up more than 19% as of Monday, driven by strong outperformance among megacaps like Apple (AAPL), Microsoft (MSFT), Amazon (AMZN) and Nvdia (NVDA).
So what’s in store for 2024?
Analysts are offering bullish predictions—with calls from Deutsche Bank and BMO hinting at a potential 13% rise in the S&P500 (^GSPC)—emphasizing the need to navigate the evolving dynamics in the coming year.
Yahoo Finance’s Market Reporter Jared Blikre weighs in on analysts’ predictions and takes a closer look at some of the areas of the market that surprised to the upside, and what might be in store for 2024.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Santa Rally on the way
🙏 when will the Dow get back to 36000?
Its quiet interesting how we reject the reality of our situation and expect to be able to observe it, control it and even change it. I used to be financially depressed until I read a book that made me realized that the secret to making a million is making better investments.
May I ask which investments are good? I’ve been looking at a few different ones but want others’ opinions as well
What I think everyone need is an adviser, who can help you get in and out of any investment at any time and you’d sure be in Profit. With this I feel anyone can basically achieve financial freedom
JENNY PAMOGAS CANAYA , That’s whom i work with
You can glance her name up on the internet and verify her yourself. she has years of financial market experience
Thanks so much I was able to find her page and I already leave her a message