IT - Technology

UBS Global Wealth Management lifts S&P 500 target on strong consumer spending, AI demand

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UBS Global Wealth Management ​raised its 2026 ‌year-end target for the S&P 500 ​to 7,900 ​from 7,500 previously, citing ⁠resilient consumer ​spending and seemingly ​insatiable demand for data center infrastructure.

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