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us stock market outlook remains positive amid political uncertainty and rate cuts

U.S. stocks are poised for continued growth, with the S&P 500 expected to reach 5,800 by year-end 2024, driven by a favorable earnings outlook and declining inflation. Despite uncertainties from the presidential election and geopolitical tensions, a shift to accommodative monetary policy by the Fed is anticipated to support market performance. The economy is projected to grow at 2.1% in 2024, with corporate earnings rebounding from previous lows, while consumer confidence remains mixed amid high prices and interest rates.
@YahooFinance
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Finance & Economy, Market Report
14:12 16.10.2024
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