Wall Street optimistic firm Yardeni has turned cautious on the S&P 500 index

According to Jinshi reports, Wall Street's most optimistic forecasting agency, Yardeni, has set a target value of 8,250 points for the S&P 500 index. Although the index has surpassed 7,600 points, the agency recently stated it would become cautious, pointing out that factors such as tensions in the Middle East, oil supply risks, potential tightening policies from the Federal Reserve, and upcoming initial public offerings are causing market volatility. Nevertheless, the agency remains optimistic about the future, believing that strong earnings growth and AI-driven economic growth will drive market development.