S&P 500 seen reaching 6,600 next year by strategists at RBC, Barclays

Published On Nov 25, 2024, 10:45 AM

Strategists from RBC Capital Markets and Barclays predict that the S&P 500 will reach 6,600 by the end of 2025, indicating a potential 10.5% gain from current levels. This optimistic forecast is based on expectations of strong economic growth, favorable political conditions, and relief on inflation which could keep valuations elevated. While both strategists express confidence in continued earnings growth, there are concerns about potential pullbacks and the possibility of a slower growth trajectory for major tech stocks moving forward.