Gate News Report, March 20 — According to Bloomberg Terminal, UBS has released a forecast for the U.S. stock market, predicting the S&P 500 index (the benchmark for U.S. stocks) will reach 7,300 points by mid-2026 and 7,700 points by the end of the year. The bank states that strong earnings growth, expected Federal Reserve rate cuts, and ongoing growth driven by artificial intelligence support this rally. UBS forecasts that profits will grow by 11% in 2026. Geopolitical risks are considered temporary, and UBS expects the energy market to stabilize. Although ongoing turbulence may put pressure on the stock market, historical experience shows that markets tend to rebound after such events. Despite recent market volatility, UBS remains optimistic about the overall outlook for stocks.
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