2024 S&P 500 forecast: Wall Street analysts predict a 2% decline to 5,062 by year-end, despite a strong start.
Wall Street analysts predict a 2% decline for the S&P 500 in the remainder of 2024, despite a strong start to the year. The consensus calls for the index to finish at 5,062, compared to its current level. The bullish sentiments from the AI revolution and strong earnings reports seem to be tempered by a cautious outlook among analysts. The Federal Reserve's expectation of three interest rate cuts this year may provide some support for stocks.
April 07, 2024
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