Weekly Headings Snapshot

Raymond James raised its S&P 500 year-end price target to 7,650 following an earnings season that ranked in the 92nd percentile of historical performance. Despite rising real yields and cooling oil prices, US housing data continues to show accelerating growth.

Key Takeaways

• 1.Raymond James is raising its S&P 500 year-end target to 7,650.
• 2.The current S&P 500 earnings season return (7%) is in the 92nd percentile since 2000.
• 3.Housing momentum continues with Pending Home Sales accelerating for a fourth consecutive month.

Table of Contents

• This Week's Top Takeaways
• The Week Ahead
• Return Statistics
• Key Market Levels
• Economic Calendar
• Disclosures

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