(Reuters) – HSBC said on Wednesday it expects the U.S. benchmark S&P 500 index to end 2024 at 5,000 points, representing an around 8% upside to the last close.
“We believe market expectations are more optimistic heading into 2024 but far from euphoric,” said Head of Equity Strategy Nicole Inui.
(Reporting by Subhadeep Chakravarty; Editing by Savio D’Souza)
