Top brokerages expect the benchmark S&P 500 index (.SPX), opens new tab to extend its rally in 2026, betting on AI momentum and strong corporate earnings, while a U.S.-Iran stalemate continues to embroil global financial markets.
Strategists at major investment banks expect AI-led earnings strength to offset the short-term economic impact from the conflict in the Middle East, but concerns of higher inflation and disruption to global energy flows persist. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter J.P.Morgan became the latest brokerage to raise its index target to the 8,000 mark, adding to a wave of bullish brokerage calls. UBS Global Research and UBS Global Wealth Management are distinct, independent divisions in UBS Group Wells Fargo Investment Institute is a wholly owned subsidiary of Wells Fargo Bank
