Oppenheimer raises S&P 500 target to 5,900, second highest on Wall Street

Category: Finance

Stock market continues its record-setting run with Oppenheimer raising its year-end S&P 500 target to 5,900, driven by artificial intelligence and expectations of Federal Reserve rate cuts in late 2024.

Keywords: Stock market, S&P 500, Artificial intelligence, Federal Reserve, Oppenheimer

Source: CNBC

Update At: 7/16/2024

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CVS Health Reports Mixed Q2 Earnings, Lowers 2024 Outlook, Reshuffles Segment Management

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