HSBC raises its S&P500 year-end target to 7650 (prev. 7500)
HSBC's upward revision of its S&P 500 year-end target signals growing confidence in the market's trajectory, suggesting stronger corporate earnings or improved economic conditions ahead.
UK PM Starmer says local election results were "very tough"; reiterates he takes responsibility for election loss; reiterates he will not step down
Semafor reports that lawmakers are considering a potential congressional authorisation for military action if the US-Iran ceasefire ends
HSBC raises its S&P500 year-end target to 7650 (prev. 7500)
US President Trump is reportedly growing impatience with the Cuban regime's resilience to US pressure, NBC reports citing officials
HSBC lifts its end-2026 S&P 500 target to 7650 (prev. 7500)
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This adjustment could imply a bullish sentiment among investors, potentially influencing trading strategies and leading to increased allocation towards US equities, especially if it aligns with or supports other positive indicators.
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