Reported about 1 month ago
As the S&P 500 experiences its strongest rally in nearly three decades, Wall Street analysts are rapidly revising their year-end predictions upward. Key institutions like BMO, Goldman Sachs, and UBS have marked their forecasts higher, driven by resilient economic data and a surge in technology stocks linked to AI advancements. Despite concerns over geopolitical tension and market uncertainties, optimism persists as recent performance far exceeds earlier expectations.
Source: YAHOO