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UBS raises S&P 500 year-end target to 6,600, citing strong earnings and easing trade tensions.
UBS, a global financial services firm, has raised its year-end target for the S&P 500 index to 6,600 for the second time in two months.
This optimistic outlook is based on strong corporate earnings, easing trade tensions, and expectations of interest rate cuts.
The adjustment reflects UBS's positive view of the US stock market's performance for the rest of the year.
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UBS eleva el objetivo de fin de año del S&P 500 a 6,600, citando fuertes ganancias y alivio de las tensiones comerciales.