Their base case put Citi in the median of cautious forecasts across Wall Street ranging from 6,400 to 7,000. See: The S&P 500 at 4,800? That’s what some Wall Street experts predicted — for 2024.
Citi’s projects 13% growth in S&P 500 index earnings growth next year, just below the 14% consensus estimate. Such growth is reachable, but is also partly reflected in high valuations, Citi said.
Citi Research recently projected that the S&P 500 (SP500) is likely to continue climbing throughout 2025, though it may experience a more volatile and turbulent ascent. The firm has “high ...
Stocks moved lower on Thursday, a day after the S&P 500 hit a fresh all-time high, while retail giant Walmart slid after ...
Chronert said the “impetus” was now on the rest of the S&P 500 index to drive gains. There are signs of the rally broadening beyond big tech, but that’s so far been constrained to other ...
US stocks (^DJI, ^IXIC, ^GSPC) are falling Thursday morning coming off the S&P 500's latest record high close yesterday. Citi's Scott Chronert is forecasting "slightly more near-immediate term ...
Analysts at Citi crunched the numbers on what a 25% tariff on steel and aluminum imports would mean. They point out the U.S. imports about 25% of its steel supply, of which 80% is tariff free due ...
Citi analysts shared a list of their “most ... Seeking Alpha's Quant system consistently outperforms the S&P 500 (SP500), driven by powerful computer processing and SA's special 'Quantamental ...
Companies in the S&P 500 appear increasingly focused on tariff policies under President Donald Trump, a point of potential volatility for the U.S. stock market, according to a research note from ...
Shares rose 3.6% in premarket trading. The stock has risen 4.4% this year compared with a 0.66% decline for the S&P 500. Citi, one of the nation’s largest banks, has been pursuing a turnaround ...
The cohort’s contribution to earnings growth has also slowed from a peak in late 2023. Chronert said the “impetus” was now on the rest of the S&P 500 index to drive gains. There are signs of the rally ...