Driven by artificial intelligence, JPMorgan raises the S&P 500 index target to 7,600 points

ME News Report, April 21 (UTC+8), Morgan Stanley strategists stated that enthusiasm for artificial intelligence technology is once again rising, which will drive the U.S. stock market to reach higher-than-expected levels this year. The firm has raised its annual target for the S&P 500 index to 7,600 points, up from 7,200 points last month. On Monday, the S&P 500 closed at 7,109 points, indicating approximately a 7% increase potential. The strategists’ optimistic forecast is based on a more favorable outlook for the technology and artificial intelligence sectors. (Source: ChainCatcher)

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