Another juicy S&P 500 target goes by the wayside as this 6,700 call is thrown into trash

HSBC on Tuesday slashed its target to 5,600 from 6,700, based on a forecast for slower U.S. growth, sticky inflation and falling bond yields.

Apr 29, 2025 - 15:05
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Another juicy S&P 500 target goes by the wayside as this 6,700 call is thrown into trash
HSBC on Tuesday slashed its target to 5,600 from 6,700, based on a forecast for slower U.S. growth, sticky inflation and falling bond yields.