BlockBeats News, November 27th: Several Wall Street institutions have released their 2026 US stock market forecasts, indicating that the next stage of the US stock market still has room to rise. Deutsche Bank has set a year-end target of 8000 points for the S&P 500 index in 2026, while HSBC has set its target at 7500 points. Morgan Stanley also expects next year to be a strong year, with a forecast that the index will close at 7800 points in 2026. The bank's strategist, Mike Wilson, referred to it as a "new bull market," stating in a report last week that the rolling recession had ended earlier this year and that policy support and earnings strength would continue into next year.JPMorgan's stance is similar, with the bank's benchmark forecast for 2026 aiming for 7500 points, but it believes that if an improved inflation outlook prompts the Federal Reserve to be more aggressive in rate cuts, the index could break through the 8000-point mark. Currently, JPMorgan expects the Fed to cut rates twice more before pausing. (Fx678)
