Market outlooks

Will the Magnificent 7 remain a driving force in S&P 500?

Cast publicity photo of the original 1960 version of the Magnificent Seven. Photo via Wikimedia CC-BY-2.0.

Forecasting the S&P 500's trajectory, most major banks in the US, including their asset managers, predict a marginally positive year for the index in 2024. However, views diverge significantly on the fate of the 'Magnificent Seven' tech giants.

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