EconomyJPMorgan Strategists Raise S&P 500 Target as AI Spending Pays Off

JPMorgan Chase strategists have lifted their forecast for the S&P 500 for the second time in two months. They point to strong corporate earnings as one reason for the change. They also say massive spending on artificial intelligence is beginning to produce returns, supporting a more optimistic view of the benchmark index.

JPMorgan ChaseS&P 500AI investment

BBloomberg News★★☆☆☆2026-08-10 20:00Original