Wall Street ends higher; earnings, jobs report in focus

Go back to Wall Street ends higher; earnings, jobs report in focus

BofA says bullish January barometer supports 5000+ for S&P 500 in 2024

February 1, 2024 11:40 AM EST

A bullish January barometer supports 5000+ for the S&P 500 in 2024, according to the latest Bank of America research note on Thursday.

Analysts at the firm claim that an up January for SPX is a bullish signal, and the 2024 January barometer suggests the SPX will be between 5260 and 5400 into year-end.

"The month of January is a reasonably... More