US shares will lose momentum and Treasuries have not begun to hit backside even after the Federal Reserve made up our minds to stay with its steerage for interest-rate cuts this yr, in keeping with Bloomberg’s newest Markets Reside Pulse survey.Traders be expecting the S&P 500 Index to upward push to about 5,454 on the finish of 2024, from slightly below 5,225 on Wednesday, in keeping with a mean of 93 responses. That may indicate a marked deceleration in its positive factors, given the gauge has surged nearly 10% this yr after mountaineering 24% in 2023.
