HSBC Raises 2026 S&P 500 Target to 8,100 on Earnings Outlook
News Source : Advfn.com
News Summary
- HSBC remains positive on technology, financials and industrials, while taking a selective approach to consumer-related sectors.
- Oracle Begins New Round of Job Cuts as AI Infrastructure Spending Rises – Report.
- Johnson & Johnson Shares Rise on Reported Apollo Talks for Orthopedics Unit.
- Novo Nordisk Adopts Novo as Everyday Operating Name and Introduces New Cultural Framework.
- Micron Technology Shares Fall 5.2% as Semiconductor Stocks Decline.
Stock chart with arrow going up geralt HSBC raised its yearend 2026 target for the S&P 500 to 8,100 from 7,650, citing corporate earnings that have exceeded its previous expectations.
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