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‘So wrong’ stock forecasters struggle to see through trade chaos

Fortune LogoFortune1d ago

‘So wrong’ stock forecasters struggle to see through trade chaos - Fortune

Quick Summary:

The S&P 500 put up a strong performance last week, but is still down roughly 9% for the year.

Evercore ISI’s Julian Emanuel, one of Wall Street’s biggest bulls over the past year, was forced to lower his S&P 500 2025 target to 5,600 from 6,800.

The trade chaos has stock market forecasters across Wall Street adjusting their predictions for where the S&P 500 will end 2025.


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Article Details

Author / Journalist: Jessica Menton, Bloomberg

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 17:52:03 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1102 words

Reading Time: 7 minutes read

Sentences: 4 lines

Sentence Length: 276 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27872382

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 27 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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