The bull market is 2 years old. Here's where Wall Street thinks stocks go next.

Published On Oct 12, 2024, 6:00 AM

The article discusses the current state of the bull market, which is now two years old. Analysts on Wall Street have varying predictions for the future of stocks as they assess economic indicators such as interest rates, inflation, and corporate earnings. Generally, there is cautious optimism, but concerns about potential economic headwinds remain. Investors should prepare for volatility as market trends continue to evolve.

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Stock Forecasts

QQQView QQQ chart on TradingView

Positive

Wall Street analysts predict a continued upward trend in technology stocks, buoyed by strong earnings and innovation. However, sectors sensitive to interest rates may face challenges if rates rise.

XLYView XLY chart on TradingView

Negative

Concerns about rising inflation and interest rates could negatively affect consumer discretionary shares, leading to potential declines in companies reliant on consumer spending.

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