After a 'relief rally' in the first half of 2023, the S&P 500 is set to remain largely flat through the end of the year as inflation keeps monetary policy tight, Stifel equity strategists said on Wednesday.
The New York Stock Exchange building is seen from Broad Street in Lower Manhattan in New York, January 20, 2016. REUTERS/Mike Segar/File Photo
The S&P 500 has rebounded 16.4% so far this year after plunging in 2022, as the economy has so far defied fears of a downturn.
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