The Zacks Analyst Blog Highlights: Apple, Applied Materials, Synopsys, Copart and State Street
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. The S&P 500 Index, generally considered as the barometer of market sentiment within the financial circle, reached a milestone on Jan 16 after closing, above the technical threshold of 3,300 for the first time. The S&P 500 Index rallied 28.9% in 2019, which was a complete reversal of its pathetic performance in 2018 when it had plunged 6.2%. Several economists and financial researchers have projected that the S&P 500 index is likely to gain 15-20% in 2020 even though this is the U.S. presidential election year.