Stock Market Projections For 2024. Nvidia shares jumped 5.9% to $1,005 in extended trade, peaking above the psychologically important $1,000 mark and adding about $140 billion in stock market value. Price as of may 21, 2024, 4:00 p.m.
Current market valuations leave no room for error, as investors look toward 2024 with lofty expectations around inflation, economic growth, labor markets and corporate margins. Investors remain willing to pay rich valuations for u.s.
But The Stock Market Always Looks Ahead.
Jurrien timmer, director of global macro for fidelity management & research company;
In Fact, The March Cpi Number That Came Out This Morning Was Hotter Than.
A more challenging macro backdrop is anticipated for equity markets in 2024.
Most Outlooks For 2024 Were Published Well Before The End Of 2023, So May Not Incorporate Price Moves Or Events That Occurred Late In The Year, For Example The Final Federal Reserve Meeting Of 2023.