J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength

J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength  Reuters

Aug 10 : J.P. Morgan raised its year-end target for the S&P 500 index to 8,000 from 7,800 on Monday, citing prospects of solid corporate earnings and rising confidence that AI investments by large hyperscalers would drive faster revenue growth.The new target implies about 3.1 per cent upside from the index's last close