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Kaitou Macro: S&P 500 expected to rise to 8,000 points by the end of the year, with technology stocks supporting an optimistic outlook
GateNewsBot
ChainCatcher reports that according to Jinshi, Kaito Macro analyst Thomas Mathews stated that the S&P 500 index may be supported by tech stocks this year, with an expected rise to 8,000 points by the end of the year. Despite a volatile start to the year, Mathews noted that the earnings outlook for tech companies remains “quite optimistic” and holds a positive outlook on the U.S. stock market.
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