Wall Street Banks Target S&P 500 at 8,000 Despite Fed Rate Cut Uncertainty
Deutsche Bank forecasts the S&P 500 will reach 8,000 by end of 2026, joining Goldman Sachs, Morgan Stanley, JPMorgan, and Wells Fargo in bullish equity outlooks. Strong January jobs data has traders pricing 89% odds of a December Fed rate cut, though Bank of America predicts no cuts under Powell's leadership. AI-driven corporate profit growth anchors optimism despite November's tech sector divergence.
ViaNews Editorial Team (Finance)•