Major Brokerages Raise S&P 500 Targets on Economic Optimism
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#080c8e6b ver:2.71

Wall Street brokerages are raising their year-end targets for the S&P 500 on hopes of a 'soft landing' for the economy and potential rate cuts from the Federal Reserve. Goldman Sachs and Citigroup have set targets of 5,600 for the index, while UBS Global Research is close behind with the same target. The stock market is experiencing a bullish 'Goldilocks' soft landing scenario, with inflation cooling and the economy avoiding a recession. Market veteran Ed Yardeni predicts the S&P 500 could reach 8,000 by the end of the decade, driven by AI and improving corporate earnings. Infrastructure Capital has raised its 12-month target for the S&P 500 to 6,000, based on expectations of strong economic growth and positive corporate earnings. #StockMarket #Economy #FederalReserve #Bullish...

#newstr #S&p500 #Brokerages #EconomicOptimism #RateCuts #FederalReserve #GoldmanSachs #Citigroup #MorganStanley #Us10yearYield #GlobalEconomicGrowth 

 https://here.news/story/080c8e6b?ver=2.71