UBS International Wealth Administration bumps up S&P 500 goal for the yr

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The agency beforehand made a forecast that the S&P 500 would finish the yr at 6,200 however has now revised that to six,600. A dip again to their earlier goal would indicate a drop below three%, which would not be something too substantial to be honest given the 30% bounce because the April lows. However clearly, it appears their tackle that is that the AI increase will proceed to circulate and it is all shopping for that dip.

This text was written by Justin Low at investinglive.com.

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