UBS sets S&P 500's 2026 year-end target at 7,500 on AI-driven rally
1. UBS forecasts S&P 500 to reach 7,500 by year-end 2024 driven by AI. 2. Strong corporate earnings and tech sector resilience underpins this bullish projection.
FAQ
Why Very Bullish?
The projection for S&P 500 at 7,500 suggests significant optimism. Given IVV tracks the S&P 500, a substantial increase in valuations can be expected.
How important is it?
The positive outlook on the S&P 500 directly influences IVV as a representative ETF.
Why Long Term?
The forecast extends to 2026, indicating ongoing bullishness in corporate earnings and market conditions that will likely impact IVV positively in the long run.