HSBC ups year-end target for S&P 500 after resilient Q2 earnings season

6 days ago 1
Abstract stock market ticker with prices, percentage changes.

Torsten Asmus

HSBC raised its year-end target for the S&P 500 (SP500) to 6,500 after stronger-than-expected second-quarter earnings, in which the index saw 12% EPS growth in Q2, making it the third consecutive quarter of double-digit growth.

Tech companies, particularly the Magnificent 7, drove

Recommended For You

More Trending News

Read Entire Article