S&P 500 run inspiring this strategist to raise price target

Category: Finance

The S&P 500 has been performing exceptionally well, reaching its 36th record high in 2024. Oppenheimer raised its year-end price target for the index, and their chief investment strategist, John Stoltzfus, discussed the positive indicators in the market rally and earnings growth. Stoltzfus also shared insights on the Federal Reserve's potential interest rate cuts and the market's resilience. The article emphasizes the market's bullish sentiment and the potential impact of AI technology on various sectors.

Keywords: S&P 500, Oppenheimer, John Stoltzfus, market rally, earnings growth, Federal Reserve, interest rate cuts, AI technology

Source: Yahoo Finance

Update At: 7/16/2024

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