JPMorgan predicts S&P 500 target of 7,500 points by the end of 2026
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JPMorgan has released its "2026 US Stock Market Outlook," predicting a target of 7,500 points for the S&P 500 Index by the end of 2026. The bank also expects earnings to exceed trend growth for at least the next two years, with projected earnings per share of $315 in 2026 and $355 in 2027. The report highlights investment focuses such as artificial intelligence and data center expansion, infrastructure construction, and electrification as long-term growth trends. JPMorgan assumes that the Federal Reserve will cut interest rates two more times and then enter a prolonged policy pause. If inflation improves and leads to further rate cuts, the S&P 500 Index could surpass 8,000 points.
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