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Will Ashworth

Ride the Russell 2000 to 2,000 With These 3 IWM Options

IWM United States

The S&P 500 is up nearly 19% in 2023, one of its better years over the past decade, and a significant improvement from a 19.4% decline in 2022. Things are so good some Wall Street strategists believe the index could hit an all-time high of 5,100 by the end of 2024.

“We believe 2024 will be Year 2 of at least a 3-5 year process that will see US stocks exhibit more normal and typical performance, paced by a backdrop of normal and typical GDP and earnings growth, valuation, and bond yield ranges,” Yahoo Finance reported BMO chief investment strategist Brian Belski’s comments on Nov. 27.

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