S&P 500 now up in 2025 after broadening rally ahead of Trump inauguration
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 18 2025
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Source: MarketWatch
Market Performance: The U.S. stock market experienced a broad rally this week, with all S&P 500 sectors posting weekly gains and major indexes like the S&P 500, Dow Jones, and Nasdaq entering positive territory for January.
Investor Sentiment: Investors showed relief as interest rates in the bond market began to reverse their recent sharp increases, contributing to the significant weekly rallies for the S&P 500 and Dow, marking their largest since November 2016.
Analyst Views on MAGS
Wall Street analysts forecast MAGS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MAGS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 63.640
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Current: 63.640
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
