S&P 500 forecast to hit 7,100 ...Middle East

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S&P 500 forecast to hit 7,100
Analysts at US investment firm Oppenheimer expect much higher for the benchmark US equity indes. In breif:S&P 500 Forecast: Predicted to hit 7,100 by end-2025, driven by sustainable monetary policy, strong economy, and favourable labour markets.Earnings Growth: S&P 500 earnings projected to grow 10% to $275 in 2025 ($250 in 2024), with a forward P/E of 25.8x.Key Sectors: Focus on tech, consumer discretionary, industrials, financials, and communication services; small- and mid-cap stocks likely to rally amid Fed rate cuts.AI as a Growth Driver: AI seen as transformative, improving efficiency and productivity across sectors while addressing global challenges.Market Sentiment: Bull market expec

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