Research analysts of global banks have begun to roll out their predictions for the U.S. equity markets for 2022. The S&P 500 index (.SPX) has risen nearly 25% so far this year. The index closed at 4,690.70 on Tuesday.
Here is a summary of some analysts' forecast for the index at the end of 2022:
Asian shares inch lower as dollar marches on
Asian shares wobbled lower on Thursday, hurt by the U.S. dollar which continued to march higher as investors bet on interest rates rising more quickly in the United States than in other major economies such as Japan and the euro zone.
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.18% to a six-week low, having posted a small decline in each of the past six trading sessions.
Japanese shares gain on bargain hunting after sharp losses
Japanese shares advanced on Thursday, led by technology shares, as investors scooped up bargains after sharp losses in the previous session.
The Nikkei share average (.N225) rose 0.67% to close at 29,499.28 points, while the broader Topix (.TOPX) gained 0.33% to 2,025.69.
China stocks fall as property, automobiles weigh; Hong Kong gains
China stocks fell on Thursday, as property developers, automobiles and new energy shares weighed. Hong Kong inched up, after Alibaba and Tencent rebounded following continuous declines.
The CSI300 index (.CSI300) fell 0.3% to 4,901.49 at the end of the morning session, while the Shanghai Composite Index (.SSEC) lost 0.1% to 3,589.18.
The Hang Seng index (.HSI) added 0.1% to 24,714.83. The Hong Kong China Enterprises Index (.HSCE) was unchanged at 8,792.77.
Australia shares close up on miners boost; banks cap gains
The S&P/ASX 200 (.AXJO) added 0.11% to close at 7,407.3. It had lost 0.15% on Wednesday.
S.Korea stocks extend losses on hawkish Fed, BOK rate hike
European markets edge higher despite Covid headwinds