Goldman Sachs Trading Department: S & P 500 Index Expected to Rise to 6,270 by the End of the Year
2024-10-16 18:52:49
The S & P 500 has closed 46 times this year to record highs, and Goldman Sachs' trading team says that trend is likely to continue into the final months of 2024. Scott Rubner, managing director of global markets and a tactical expert at the bank, predicts that the US equity benchmark could end the year well above 6,000. His calculation of data going back to 1928 found that the median historical return for the S & P 500 between October 15 and December 31 was 5.17%. In an election year, the median return was even slightly higher than 7%, implying a year-end level of 6,270.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
高盛交易部门：预计标普500指数年底前涨至6270点Next article：
泰国SCB银行将推出稳定币跨境支付服务
