UBS Global Wealth Management raises S&P 500 year-end target to 6,600 due to earnings strength, trade optimism, and potential rate cuts. Citigroup and HSBC also increase index targets. Resilient corporate earnings, with 80.2% beating estimates, drive U.S. equities rally. UBS predicts continued market growth but stays neutral on stocks, citing optimism already priced in.

UBS raises S&P 500 annual EPS estimate to $270 and mid-year 2026 index target to 6,800. Investors await Federal Reserve Chair Powell’s speech for interest-rate clues. Market buoyed by AI boom and positive earnings reports, despite concerns about trade tensions and high valuations. Bull market expected to continue rising.

Read more at Yahoo Finance: UBS lifts S&P 500 annual target for second time in two months