The latest Reuters poll of 50 market strategists showed on Thursday, a majority of them believe that the US equity indices, including the S&P 500, are unlikely to see the further upside and could end this year at the current levels. Key findings “The S&P 500 will end 2020 at 2,950. That would represent a 1.4% decline from Tuesday’s close of 2,991.77 and an 8.7% fall from the end of 2019. The poll showed the Dow Jones Industrial average finishing 2020 at 25,700, which would represent a fall of about 10% from the end of 2019. But that forecast is above 24,995.11, where the Dow closed on Tuesday. A return to the March lows is unlikely because of the substantial stimulus from the U.S. government and Federal Reserve, but they said there were still plenty of risks to derail the market. The market’s outlook will also depend on the progress in producing a vaccine against the new coronavirus.” Related articles S&P 500: Path of least resistance is to the upside after topping a major barrier – Confluence Detector Market talk: S&P 500 advanced 44.36 points FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/JPY: Rallying strongly with the 200-day average at 119.26 to cap – Credit Suisse FX Street 3 years The latest Reuters poll of 50 market strategists showed on Thursday, a majority of them believe that the US equity indices, including the S&P 500, are unlikely to see the further upside and could end this year at the current levels. Key findings “The S&P 500 will end 2020 at 2,950. That would represent a 1.4% decline from Tuesday's close of 2,991.77 and an 8.7% fall from the end of 2019. The poll showed the Dow Jones Industrial average finishing 2020 at 25,700, which would represent a fall of about 10% from the end of 2019. But that forecast is above… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
