Veteran analyst Tom Lee has set a bold S&P 500 target, going against the cautious crowd and believing in the market’s potential fuel. With the Fed easing and tailwinds like AI and on-shoring, Lee argues investors are underestimating the bull market’s strength. The stock market responded positively to the Fed’s recent cut, with the Dow, S&P 500, and Nasdaq all rising. However, AI bellwether Oracle faced a significant drop, pointing to fresh AI-capex fears. The story now shifts to the Fed chair succession, with contenders like Kevin Hassett and Christopher Waller in the mix.

Read more at Yahoo Finance: Analyst who nailed 2023 bull run sets S&P 500 target for 2026