BlockBeats News, March 20th, according to Bloomberg Terminal, UBS remains bullish on the U.S. stock market, expecting the S&P 500 Index to reach 7300 points by mid-2026 and 7700 points by the end of the year.
The bank stated that strong profit growth, expected Fed rate cuts, and growth driven by artificial intelligence continue to support this upward trend. The bank predicts an 11% profit growth in 2026. Geopolitical risks are seen as temporary, and UBS expects the energy market to stabilize. While ongoing volatility may pressure the stock market, historical experience suggests that markets tend to rebound following such events.
Despite recent market turbulence, UBS believes the overall outlook for the stock market remains optimistic.
