'Stay long and strong': Strategist sees the S&P 500 reaching 5,750 by year-end — here are 2 stocks to play that bullish sentiment
US stocks took a sharp plunge yesterday, wrapping up what has been Wall Street’s worst month in 2024. The downturn was spurred by hotter than expected labor data, heightening investor anticipation for the Federal Reserve’s upcoming interest rate decision. Despite this setback, the S&P 500 still boasts a 5.5% gain for the year. In fact, there’s optimism from at least one strategist who thinks the index still has plenty room to run. Jay Hatfield, CEO of Infrastructure Capital Advisors, believes th