Sp 500 stock price forecast technical models indicate the "SP 500

Technical models indicate the "SP 500 stock price forecast" is maintaining a rising 50-day moving average at around 5,035, which traders see as a solid floor unless macro shocks emerge. The higher-priced machine should be a nice driver of revenue growth as it's fully rolled out around the world. And by saving time, the da Vinci 5 should also help increase the number of procedures, driving accessories sales. Intuitive is also just launching its SP system in Europe and Japan this year. The S&P 500 was down by as much as 19% from its all-time high recently, just shy of the bear market threshold of 20%. But bear markets aren't exactly rare -- the S&P 500 suffers a decline of 20% (or more) every six years, on average. Corrections of at least 10% are even more frequent, occurring, on average, every two and a half years or so. Fund managers indicate the "SP 500 stock price forecast" could be supported by ongoing buy-the-dip behavior from institutional accounts, particularly in leading growth names.