Capital Economics: S&P 500 expected to rise to 8,000 points by the end of the year, with technology stocks supporting an optimistic outlook
According to Jinshi News, Thomas Mathews, an analyst at Capital Economics, stated that the S&P 500 index may be supported by technology stocks this year, expecting it to rise to 8,000 points by the end of the year. Despite the turbulent performance at the beginning of the year, Mathews pointed out that the earnings outlook for tech companies remains "quite optimistic," and he holds a positive attitude towards the U.S. stock market.
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