US stocks are forecast to have a modest return next year, as above-consensus economic growth is partly offset by high equity valuations. The S&P 500 index is expected to rise to 4700 by the end of 2024, representing a price gain of about 5% and a total return of around 6% including dividends.
Devin Wang
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The S&P 500 Index is forecast to return 6% in 2024