Wall Street is divided on its outlook for stocks in the 2nd half

But there's also fundamental progress that can help explain why stocks are performing better today than they were in 2022. For one, inflation continues to show signs of easing, which should give the Federal Reserve some breathing room in its monetary tightening policy. Additionally, theNow the question is whether these trends will continue, or dissipate in the second half of the year.

and the accumulated excess savings will likely be exhausted by October ," Kolanovic said in a Wednesday note. Detrick crunched the numbers and found that since 1950, the S&P 500 delivered a median return of 11% in the final six months of the year when the index was up between 10% and 15% in the first half of the year.

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Stock market today: Global shares mixed despite Wall Street rallyGlobal shares were mixed on Wednesday despite a rally on Wall Street driven by optimism over reports suggesting the American economy is in better shape than feared.
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