Wall Street is again making irrelevant market predictions

Stock market today: Wall Street slips in final days of a banner year for US stocks
U.S. stocks fell Monday as a strong year for the market looks set to end on a sour note. The S&P 500 fell 0.6% in afternoon trading. Roughly 90% of stocks within the index lost ground. With just two days left in 2024,
Wall Street slides on penultimate trading day of a strong 2024
Wall Street veered lower on Monday in light volume at the top of a holiday-shortened week in the second-to-last trading session of an eventful year in which all three indexes posted strong double-digit gains.
Wall Street is again making irrelevant market predictions | Commentary
An annual ritual is underway at the major Wall Street investment houses: predicting exactly where the S&P 500 will finish the next calendar year.
Stock market today: Wall Street ends little changed after giving up a big morning gain
Darden Restaurants, the company behind Olive Garden and other chains, helped lift the market after leaping 15.5%. It delivered profit for the latest quarter that edged past analysts’ expectations. The operator of LongHorn Steakhouses also gave a forecast for revenue for this fiscal year that topped analysts’.
No One on Wall Street Expects the Stock Market to Go Down in 2025
As you might guess, no one on Wall Street expects stocks to fall in 2025. Among the 16 research firms and banks tracked by Opening Bell Daily, S&P 500 forecasts for the new year range between a 7 and 19 percent annual return from Friday’s closing price.
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