UBS Predicts Stock Market Rally, AI Boost

UBS predicts stock market rally to continue, driven by policy easing, strong corporate earnings, and AI investment. The bank anticipates two more interest rate cuts from the Federal Reserve, expects solid earnings from S&P 500 companies, and highlights the growing spending on AI as a significant driver. UBS maintains a positive outlook on US equities, forecasting the S&P 500 to reach 7,300 by June 2026, advising investors to increase exposure to AI, power and resources, and longevity.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.