HSBC sees S&P 500 bull case at 7,000 after earnings strength
HSBC has lifted its year-end S&P 500 forecast to 6,500 from 6,400, its second upgrade in less than a month, citing stronger-than-expected second-quarter earnings and only a modest drag from tariffs. “We revise our S&P 500 year-end target to 6500 after incorporating better-than-expected Q2 results” The new target implies about 1.3% upside from the index’s … Read more