"City" increases the "S&P 500" goal for the end of the year thanks to corporate profits
The city group strategy promoted their expectations for the S&B 500 index, citing tax cut compensation the negative impact of customs duties on US enterprises. The team team, Scott Kronrtrt, increased its goal for the end of the year to the index to 6.600 points from 6.300 points, which is an indication of the profit of about 3% of the closing level Friday. Business results are better than the expectations that the shares record new levels this month thanks to the best profit season than expected, with little evidence of the harmful effect of customs duties on the results of the business. The data from the “Bloomberg Intelligence” showed that more than 81% of the S&P 500 indicators exceeded the estimates, which are the highest percentage in seven chapters. The “city” team said that the businesses had “incredible superiority” over expectations because they often retained their expectations for the second half of the year, resulting in the consensus on the profitability of the arrow to higher levels. Also read: The Wall Street indicators are rising with the support of the shares of technology companies that increase the ‘city’ strategy. Their estimates of the arrow’s profitability of the S&P $ 500 index from 2025 to 272 dollars from $ 261, and for 2026 to $ 308 from $ 295. They expect the index to rise by mid -2026 to 6.900 points, an increase of about 8% at its current level. US stocks are meanwhile sums of their assessments. Since February, net 16% of them have risen to the highest level as usual on the US market. From the current public index, which is Nvidia Corp ‘,’ Microsoft Corp ‘,’ Meta Platforms Inc ‘,’ Broadcom ‘and’ Palantir ‘Technologies Inc. is. The results of ‘Invidia’ look at the end of the month, and although most major technology companies have announced its results, the next major test for the season will be indicated the ‘anti -group’ with August. Artificial intelligence still shows remarkable brightness in profits, but last year they recommended to monitor the total periodic and economic factors. The rising path of the “S&B500” index requires the continued leadership of growth stocks of major market value, while it continues to expand the rise in sectors to increase price movement. “