Tom Lee raises S&P 500 target, says market will rally more than 6% in year's final months

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New for subscribers: Tom Lee raises S&P 500 target, says market will rally more than 6% in year's final months. Check out CNBCPro today.

The stock market is set up for a solid rally into year-end as Wall Street shakes off a recent rough patch, Fundstrat's Tom Lee said.

 

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Pro On top of that, there has been both monetary and fiscal stimulus heaped on economy. That in itself is going to be inflationary, Angel said. By your own report. Again what crystal ball is this genius using?

Pro 😂🤣😆☺️😂ya & the $30+ trillion debt that’s due on 3 Dec? The great wonderous pundit isn’t factoring that? They don’t put measures in place it’ll balloon. They don’t pay it it’s default. They pay it down then austere measures. What planet is he on? What crystal ball is he using?

Pro Bring it on! Realize we’re up on the year, but it’s been a very frustrating tape. We could use some momentum 👍

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