Skip to main content
Advertising

Originally published Monday, December 31, 2012 at 1:38 PM

  • Share:
             
  • Comments (0)
  • Print

Predictions from market experts for 2013

What lies ahead for the stock market? The AP asked leading market analysts and investment managers where they see the Standard & Poor's 500 index winding up by the end of 2013 and why. The S&P 500 closed out 2012 at 1,426 on Monday, up 13 percent for the year.

The Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

What lies ahead for the stock market? The AP asked leading market analysts and investment managers where they see the Standard & Poor's 500 index winding up by the end of 2013 and why. The S&P 500 closed out 2012 at 1,426 on Monday, up 13 percent for the year.

CITIGROUP:

Year-end target for the S&P 500 index: 1,615.

Reasoning: Modest improvement in the economy and better company earnings. Enticed by higher returns, investors move some cash from bonds back into to stocks.

BANK OF AMERICA MERRILL LYNCH:

Year-end target for the S&P 500 index: 1,600.

Reasoning: Eventual fix to the "fiscal cliff," improving outlook for global growth.

GOLDMAN SACHS:

Year-end target for the S&P 500 index: 1,575.

Reasoning: The "turbulent political environment" that held back investment 2012 will end. Company revenues will edge higher and earnings will rise.

BARCLAYS CAPITAL:

Year-end target for the S&P 500 index: 1,525.

Reasoning: Capital spending will stabilize and the U.S. will benefit from improved manufacturing competitiveness and an energy boom.

WELLS FARGO SECURITIES:

Year-end target for the S&P 500 index: 1,390.

Reasoning: The U.S. economy flirts with recession, exports decline and investment falls.

News where, when and how you want it

Email Icon

Relive the magic

Relive the magic

Shop for unique souvenirs highlighting great sports moments in Seattle history.

Advertising

Advertising

NDN Video

Advertising