BlockBeats News, November 27th, several Wall Street institutions have released their 2026 US stock market forecasts, leaning towards the belief that there is still room for upside in the next phase of the US stock market, and the AI frenzy continues to reshape the economy and financial markets.
Deutsche Bank has set a year-end 2026 target price of 8000 points for the S&P 500 Index, while HSBC has set its target for 2026 at 7500 points; Morgan Stanley also expects next year to be a strong year, forecasting the index to close at 7800 points in 2026. The bank's strategist Mike Wilson referred to it as a "new bull market" and stated in a report last week that the rolling recession had ended earlier this year, with policy support and earnings strength set to continue into next year.
J.P. Morgan's stance is similar, with the bank's benchmark forecast for 2026 aiming for 7500 points, but it believes that if improved inflation prospects prompt the Federal Reserve to take a more aggressive rate-cutting stance, the index could break through 8000 points. Currently, J.P. Morgan expects the Federal Reserve to cut rates twice more before pausing. (FXStreet)
