Wall Street debates the future of American stocks! Bulls see the S&P 500 reaching 9000 points while bears warn that the rising trend faces multiple challenges.
Zhixun Financial APP learned that investment bank Evercore ISI maintains a positive outlook on the US stock market. The institution believes that the large cash reserves held by investors are expected to continue to support the rise of US stocks, and it is expected that the S&P 500 index may rise to 9000 points by the end of this year in an optimistic scenario. "Wall Street veterans" such as Yadenie and JPMorgan Asset Management also believe that strong corporate profit growth will continue to support the stock market. However, at the same time, more and more Wall Street institutions, including Castle Securities and PGIM, are starting to issue warnings on the future trend of risky assets. With the temporary retreat of geopolitical risks in the Middle East, the US stock market may face a real test.
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