UBS world wealth administration has a goal for the S&P 500 at 6600 by the top of 2025.
Analysts there argue for the continued rally citing:
- continued development in AI-related capex reported by all three tech giants helps the optimistic structural development
- finest alternatives in AI-linked semiconductors and US megacaps
- mixture of strong development and Fed charge cuts supplies a supportive backdrop for danger property
- AI development ought to lend additional basic help to equities
The three tech giants referred to are Microsoft, Alphabet and Meta.
And yeah, just like the subheading to the put up says, fairness falls immediately. NASDAQ replace:
This text was written by Eamonn Sheridan at www.forexlive.com.
