S&P 500 targets: Is Forecasting for Schmucks?

If you think you’re having trouble figuring out where the market is headed, “professionals” are also split on the direction of the S&P 500. The S&P 500 closed at $4110 yesterday. It would need to rise 16.7% in the final months to reach analyst year-end targets of $4,800 and 4.6% to reach $4,300 How accurate…

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Match Group, Ceridian and Brown & Brown gets added to the S&P 500 — what happens after?

Three companies, Match Group (NASDAQ:MTCH), Ceridian (NYSE:CDAY), and Brown & Brown (NYSE:BRO) are joining the S&P 500, an index containing 500 of the largest US companies. The newly added companies will replace Unum Group (NYSE:UNM), Nov (NYSE:NOV), Perrigo (NYSE:PRGO). What’s the big deal? Several funds and ETFs across the world replicate the S&P 500. These…

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