Reported 2 days ago
Deutsche Bank has raised its year-end S&P 500 forecast from 6,150 to 6,550, attributing the revision to easing tariff concerns and improving earnings predictions. Analysts note a decrease in effective tariff rates, which has led to a more positive market outlook, as investors grow more confident in the economic recovery trajectory. The firm highlights that lower policy uncertainty may also bolster market performance moving forward.
Source: YAHOO