Tags: Blackstone | Wien | S&P | stocks

Blackstone’s Wien: S&P 500 Index May Surpass 1,400 This Year

Wednesday, 11 Jul 2012 06:52 AM


Blackstone Group LP’s Byron Wien said the Standard & Poor’s 500 Index may climb past 1,400 this year.

Wien, chairman of the advisory services unit of the world’s biggest private-equity firm, predicted stocks will outperform in the second half of the year, compared with the first six months. The S&P 500 closed Tuesday at 1,341.47.

Wien spoke in an television interview on “Bloomberg Surveillance” with Tom Keene.

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