JP Morgan raised its year-end target for the S&P 500 Index to 8,000 points on Monday, citing strong corporate earnings and signs that large-scale cloud service providers' AI investments are poised to drive faster revenue growth.
This new target implies an upside of approximately 3.12% from Friday's closing level of 7,757.64 points.
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JP Morgan Boosts S&P 500 Year-End Target to 8,000 Points
Deep News13:27
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