JPMorgan turns bullish and sees the S&P 500 rising 8% next year to 6,500
Thu, Nov 28, 2024 6:00 PM

JPMorgan turns bullish and sees the S&P 500 rising 8% next year to 6,500

A Flip by Shubhangi Gupta
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JPMorgan pivoted to a bullish outlook, raising its 2025 S&P 500 target to 6,500. The bank had a long-held bearish view of the stock market, with a 2024 target of 4,200. The bank cites US exceptionalism, AI growth, and monetary easing by central banks as bullish factors next year. JPMorgan is one of the last bears on Wall Street to throw in the towel and turn bullish.

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