UBS Bank clarified its expectations regarding the targets for the US stock market index, the S&P 500, suggesting a possibility that the index could reach 6600 points by the end of this year, disregarding the impact of tariff concerns announced by President Donald Trump since he took office.
In this regard, the Swiss bank anticipates that fluctuations in tariff policies will affect the performance of US stocks; however, UBS has maintained its forecasts for the performance of the S&P 500 index by the end of this year, citing the strength of the US economy.
Furthermore, UBS highlighted its positive outlook for the benchmark index due to the growth of earnings of companies listed in the S&P 500, along with optimism for further advancements in the field of artificial intelligence.
