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UBS lifts S&P 500 annual forecast on robust consumer spending, AI demand

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UBS Global Wealth Management has raised its 2026 year-end forecast for the S&P 500 (.SPX),  to ​7,900 from 7,500, citing resilient consumer spending and strong demand for ‌data center infrastructure.   A growing number of brokerages have lifted their S&P 500 targets in recent weeks, with Morgan Stanley forecasting 8,000…

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