US EditionAnalyst Sets Date when S&P 500 Will Hit 7,150
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UBS reaffirmed its positive vision of US actions supported by three key factors: the favourable monetary environment, strong corporate performance, and the structural drive of spending on artificial intelligence. See more: Nubank publishes its results: what analysts plan for the third quarterAccording to the Swiss bank, these engines will continue to support the performance of the US stock market, even in a context marked by fiscal uncertainties…
Analyst sets date when S&P 500 will hit 7,150
Although some analysts warn that the S&P 500 might face a correction, technical indicators suggest the index still has room to climb above the 7,000 level. In an analysis posted on TradingView on November 11, TradingShot noted that the benchmark index recently bounced off its one-day moving average, a key support level, after a brief pullback, signaling the start of a new bullish leg within its six-month ascending channel. S&P 500 analysis chart…
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