Why The Experts Are Upbeat

They see lower rates driving stock gains in 2001

This year's roiling markets may have given investors heartburn, but Wall Street's finest are calmly predicting better times ahead. According to BUSINESS WEEK's survey of 40 investment strategists, 2001 will be a year of controlled growth. The average prediction: a 12% rise, to 12,015, for the Dow Jones industrial average; a 14% rise, to 1,558, for the Standard & Poor's 500-stock index, and a 23% jump for the Nasdaq Composite Index.

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