Wall Street’s S&P 500 reaches record highs amid market rally, with Oppenheimer’s John Stoltzfus raising year-end target to 7,100. Trump’s EU deal prompts Stoltzfus to reinstate original price target, projecting S&P 500 earnings per share at $275 for 2025. Corporate profits proving resilient, market rally continues. Earnings in 2nd quarter up 6.4%, year-over-year growth estimates rising.

Citi’s Stuart Kaiser notes 41% of companies raising guidance, a positive tailwind for US stocks. Morgan Stanley’s Mike Wilson sees strong V-shaped recovery in earnings, reinforcing bullish outlook. Wilson’s data shows rebound in earnings revisions breadth matching S&P 500’s strength. Market participants optimistic on next 6-12 months.

Read more at Yahoo Finance: Wall Street bull calls for 11% rally in S&P 500 to end 2025 as trade ‘uncertainty’ subsides