News Formal

Stock market outlook improves as bad news already priced into stocks: BofA

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Bank of America raises its S&P 500 price target and says the outlook is 'glass half full' as bad news is already priced into stocks

price target to 4,300 from 4,000, representing potential upside of 3% from current levels. While those gains aren't much to get excited about, it would imply a fully year 2023 gain of 12%.

The Federal Reserve has hiked interest rates by 500 basis points in about a year. That, combined with the ongoing, has put a lot of investors on edge, in part seen by the S&P 500's near 20% decline in 2022.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Morgan Stanley warns stock rally is not the start of a bull marketMorgan Stanley strategist Michael Wilson warned in a Monday note that strong stock gains this year are not indicative of the beginning of a bear market.
La source: FoxBusiness - 🏆 458. / 53 Lire la suite »

Zoom stock pops more than 5% as earnings and forecast top expectationsZoom Video Communications Inc.'s stock jumped more than 5% in extended trading Monday, after the videoconferencing company beat financial expectations.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »