Trading Insights
UBS: S&P 500 to 5,200 Thanks to AI
UBS predicts the S&P 500 will rise to 5,200 — about 14.2% higher than current levels, Thanks to new AI innovations and enhanced profit margins
September 1, 2023
UBS predicts the S&P 500 will rise to 5,200 — about 14.2% higher than current levels, Thanks to new AI innovations and enhanced profit margins
The market is split in its reaction to the formation of a new banking titan, with some saying that issues remain in the banking sector, and that a Fed rate hike is still unlikely this week regardless of the merger.
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