BMO raises S&P 500 target for 2024 to 6,100 from 5,600

BMO Capital Markets News

BMO raises S&P 500 target for 2024 to 6,100 from 5,600
Brian BelskiTargetMarket Gains
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BMO Capital Markets on Thursday said it was raising its S&P 500 target for 2024 to 6,100 from 5,600. The benchmark index was last at 5,720, up 1.8% on the...

Federal Reserve Chair Jerome Powell interest rate announcement at the New York Stock Exchange in New York City

"Much like our last target increase in May, we continue to be surprised by the strength of market gains and decided yet again that something more than an incremental adjustment was warranted," according to a note from Brian Belski, BMO's chief investment strategist. Media are invited to join the Honourable Marie-Claude Bibeau, Minister of National Revenue and Member of Parliament for Compton—Stanstead, on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, Isabelle Lecours, MNA for Lotbinière-Frontenac and Parliamentary Assistant to the Minister of Education, on behalf of France-Élaine Duranceau, Minister of Housing and Michel Verreault, Deputy Mayor of Thetford Mines, for the announcement for an important...

Sandy and Muick are now in the care of Sarah Ferguson, who calls the pair “national icons” and “total joys”Harris plans a livestream with Oprah Winfrey while Trump is set to address an Israeli-American group The Polkadot community released its latest major product, Agile Coretime, as part of the ongoing Polkadot 2.0 upgrade. According to the team: "This new feature represents a significant advancement in how computational resources are allocated and managed within the Polkadot ecosystem... This new approach replaces the previous auction system, in which single cores were leased for two years at a time.

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