BNP's strategy note “Running It Hot” predicts the S&P 500 at 6,700 12 months out, with Eurostoxx 600 rising to 590.
8am: Weak start expected US stock futures are pointing to a negative start for Wall Street a day after the S&P 500 closed at a fresh record as enthusiasm for AI and crypto helped offset new trade threats from President Donald Trump. Futures for the broad-market index pointed to a 0.6% decline when trading gets underway, with those for the Dow Jones also indicating a 0.6% fall while the Nasdaq is expected to open 0.5% lower.
Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, believes the S&P 500 can rally another 12% this year.
Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the iShares Core S&P 500 ETF (IVV) is a passively managed exchange traded fund launched on 05/15/2000.
U.S. equity ETFs pull in $9.9B as markets surged, with IVV, JMTG, VOO, SPLG and VTI leading the inflow wave to start 2H on a strong note.
Goldman forecasts the S&P 500 to hit 6,900 in 12 months as rate cut hopes and Q2 earnings growth boost investor confidence. Tap S&P 500 ETFs like SPY, VOO and IVV.
Goldman say resilient earnings, earlier and bigger Fed rate cuts and more investor buying of stocks will drive the S&P 500 higher from here.
“The S&P 500 Index (SPX – 6,173.07), Nasdaq Composite (IXIC – 20,273.46), and Vanguard Total World Stock Index (VT – 128.00) all pushed to fresh all-time highs.
Bridgewater Associates, founded by billionaire investor Ray Dalio, has, over the years, maintained a well-curated portfolio of assets across diverse sectors.
The S&P 500 closed the week at a new record high, marking its third record in four trading days and a 1.7% weekly gain. The index remains above both its 50- and 200-day moving averages, signaling continued technical strength and positive momentum.
The S&P 500 closed out the shortened-trading week at a new record high, its third in the past four trading days. The index posted a 1.7% weekly gain, its second consecutive week in the green.
The market internals are strong, in stark contrast to the upside breakout in February.