UBS Raises S&P 500 Forecast Due to Strong Consumer Spending and AI Demand
UBS Global Wealth Management has increased its year-end forecast for the S&P 500 index in 2026 from 7,500 to 7,900 due to resilient consumer spending and strong demand for data center infrastructure. The firm also raised its earnings-per-share estimate for 2026 to $335.
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Topics: AI demand consumer spending earnings outlook S&P 500 UBS forecast