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Wall St bull run to continue in 2017 if Trump fulfills promises: poll

Published 12/07/2016, 11:21 AM
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Investing.com - U.S. bull run seen continuing in 2017 if Trump fulfills promises: Reuters poll.
S&P 500 seen up 6% in 2017 at 2,350 points, DJI at 20,450, according to median forecasts.
Analysts see S&P 500 companies' earnings growth of 12.4% next year vs. estimate of 0.9% in 2016.
Trump plans to boost growth via infrastructure spending, ease regulations governing financial sector.
Analysts expressed concerns about Trump threat to raise trade tariffs and impact of stronger dollar.
Technology, industrials, other cyclicals seen benefiting from stronger economy. Financials on deregulation.
Utilities expected to underperform in higher interest-rate environment.

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