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S&P 500 INDEX (^SPX)
| Previous close | 5,022.21 |
| Open | 5,031.52 |
| Volume |
| Day's range | 5,001.89 - 5,056.66 |
| 52-week range | 4,048.28 - 5,264.85 |
| Avg. volume | 4,073,443,225 |
- Yahoo Finance Video
S&P 500 headed for fifth straight month of gains
The stock market's upward trajectory persists as the S&P 500 (^GSPC) inches closer to achieving its fifth consecutive month of gains. Yahoo Finance's Jared Blikre delves into the details, providing insights into the year-over-year growth and the sectors spearheading the market's bullish momentum. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
- Yahoo Finance Video
Oppenheimer raises S&P 500 target to 5,500: Here's why
Oppenheimer Asset Management Chief Investment Strategist John Stoltzfus revised his forecast for the S&P 500 (^GSPC), upping the index's year-end target to 5,500. Similarly, Goldman Sachs forecasted the S&P 500 could go as high as 6,000 points in 2024 — or fall back down to 4,500 if Big Tech lags behind Wall Street estimates. Stoltzfus joins Yahoo Finance Live to talk about the reasoning behind his new price target for the S&P 500 index. "What backs this upgrade in terms of our target price for the S&P 500 is a number of things, including the Federal Reserve has been very sensitive this fed funds hike cycle if you consider they've raised rates 11 times, paused for six at high levels relative to where we were before. So they've taken the fed funds rate from zero — a band of 0.0 to 0.25% to a band of 5.25% to 5.5% within two years — and have not pushed the economy into a recession," Stoltzfus explains. "It's been good for business if you take a look at the earnings for the S&P 500, third quarter and fourth quarter of last year." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Yahoo Finance UKEuropean markets mixed and US muted following AI frenzy
US flagship indices made cautious moves higher as the tail-end of earnings season plays out.
