Investors hope for U.S. stock market trifecta in 2025 after back-to-back boom years

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 43 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 185%
  • Publisher: 92%

Canadian News News

Canada News,Breaking News Video,Canadian Breaking News

S&P 500 set for back-to-back years of gains over 20%

Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming president Donald Trump.

Such prospects could become more likely if Trump implements tariffs on U.S. imports that lead to higher consumer prices. Stock valuations, meanwhile, are around their steepest levels in more than three years, leaving greater potential for turbulence. Optimistic investors can point to a bull market that is neither old nor over-extended, by historic measures.

Bolstering the upbeat sentiment is the prevailing sense on Wall Street that the economy has weathered the rate hikes the Fed implemented starting in 2022 to quell inflation. “We’re leaving 2024 on pretty good footing, and we think there is some re-acceleration in 2025,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. “Markets tend to front-run the economy, so they will position for that economic re-acceleration sooner rather than later.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JPMorgan Turns Positive on US Stocks, Sees S&P 500 Advancing in 2025JPMorgan Chase & Co.’s equity strategy team, led for years by Marko Kolanovic until his departure earlier in 2024, has turned positive on US stocks.
Source: BNNBloomberg - 🏆 83. / 50 Read more »