This is much lower than the predicted growth in 2021, when the S&P 500 is expected to rise by 21% over the current year.
Nonetheless, thanks to the continued economic recovery, growth will remain high next year. The projection is better than the one provided in August, when analysts expected a climb to 4,725 points. Most analysts, on the other hand, spoke out before the news of the new COVID-19 “omicron” strain broke out.
The Dow Jones, another important US indicator, is expected to grow 8.7% to 37,500 points in 2022, according to experts. Earnings of corporations in the S&P 500 are expected to climb 7.9% in 2022, up from 49.3% last year, according to analysts.
source: reuters.com
