A trade war started by Donald Trump is seen as the biggest risk to market stability next year
• Business live – latest updates
Global stock markets are tipped to keep rising in 2025, led by more gains among US shares, despite anxiety about inflation and fears that Donald Trump could spark a new trade war.
Wall Street analysts are forecasting the S&P 500 will rise by roughly 9% in 2025, taking the index of US companies up to about 6,500 points by the end of the year, according to Bloomberg datar.
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