Ed Yardeni Raises S&P 500 Target to 8,250 Amid Strong Earnings Outlook
Market strategist Ed Yardeni has raised his year-end target for the S&P 500 index from 7,700 to 8,250 due to strong earnings performance. Over 400 companies in the index have exceeded profit estimates so far this season, with a record-breaking beat rate and significant year-over-year growth.
Topics: earnings reports economic resilience S&P 500 stock market outlook