Can the S&P 500 hit 7,000 by year-end? One veteran Wall Street strategist says yes. - MarketWatch
1. Sanctuary Wealth forecasts S&P 500 at 7,000, 12% above current levels. 2. Positive earnings momentum and tech advancements drive the bullish outlook. 3. Potential interest rate cuts could bolster market performance and banking sector. 4. Megacap tech stocks expected to maintain leadership and attract investment. 5. Global equities considered a secular bull market, aided by U.S. tech innovations.