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S&P 500 strategist points to three events before aiming for 8,000

The call hinges on the market clearing three major catalysts this week, a prerequisite for a potential move toward 7,900 to 8,000.

Reported · Written up by our desk · Indices

MarketWatch reports that one closely followed strategist says the S&P 500 needs to clear three major “hurdles” tied to this week’s clearing events before the index can move toward the 8,000 level.

According to the strategist, if investors can handle those catalysts safely, the benchmark could rally toward 7,900 to 8,000.

The strategist’s framework links the direction of the S&P 500 to how the market navigates the week’s key developments.

Latest closeS&P 500 7,785.76 ▼0.2%

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