6 Hrs
Source:
الاقتصادية
Barclays lifts S&P 500 forecast to 7950 by 2026
Barclays Bank has raised its 2026 forecast for the S&P 500 index to 7,950 points, an increase of up to 3.6% from previous expectations. This reflects the strength of American corporate earnings, particularly in the technology sector, which exceeded expectations in the second quarter, with 86% of companies surpassing analyst forecasts. The bank also increased its earnings per share estimate for the S&P 500 to $365 in 2026, supported by continued investment in artificial intelligence and economic growth initiatives, despite warning about weak valuations and challenges related to inflation risks and geopolitical tensions. Nevertheless, the index remains up by 12.1% since the start of the year, with many major financial institutions predicting it will continue to rise to or above 8,000 points.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)