Evercore ISI believes President-elect Donald Trump's pro-business policies could propel the stock market to new heights next year.
Evercore ISI believes President-elect Donald Trump 's pro-business policies could drive the stock market to new heights next year, predicting the S & P 500 will climb more than 20% in its most optimistic bull case.
SPX YTD mountain S & P 500 Evercore's target is higher than the average forecast among top Wall Street strategists, which stands at 6,630 for 2025, equivalent to about a 10% gain next year, according to CNBC Pro's Market Strategist Survey. The S & P 500 appears set to wrap up a strong 2024 with strong gains, thanks to optimism toward Trump's market-friendly policies coupled with easing inflation and lower interest rates. The benchmark is up 27.
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