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Predictions from market experts for 2014

  • FILE - In this Monday, Dec. 31, 2012, file photo, a trader wearing "Happy New Year" glasses works on the floor at the New York Stock Exchange in New York. According to an Associated Press-GfK poll released Monday, Dec. 16, 2013, Americans don’t expect another gangbuster year for the stock market. Of the people polled, 40 percent think the market will stabilize at current levels by the end of 2014, with 39 percent predicting that it will drop, but not crash. Only 14 percent believe the market will rise and 5 percent think that the market will crash (AP Photo/Seth Wenig, File)

NEW YORK — It is an understatement to say stock market investors had a good year in 2013. The Standard & Poor's 500 index soared 28 percent, its best year since 1997. Including dividends, it gained 30 percent.

What lies ahead after this historic year? The AP asked leading market analysts and investment managers where they see the Standard & Poor's 500 index winding up by the end of 2014 and why. The index closed at 1,818 Friday, two weeks before the end of the year.

CITIGROUP

Year-end target: 1,900.

Reasoning: Modest improvement in the economy and better company earnings. Enticed by higher returns, investors will move some cash from bonds back into stocks.


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