The less political uncertainty, the solidity of corporate benefits and the possible reduction in interest rates has led to Bank of America y Goldman Sachs GR To raise your Annual objective for the S&P 500 at 6,300 and 6,600 points respectively. Being the last houses on Wall Street to do so, according to Sidardh S y Rae Wee Finance.
This is Goldman’s second revision in two months, after an increase prior to early May.
Earl this year, the main stock market houses, including Bofa, reduced their goals Below 6,000 after the tariffs of the «Liberation Day» of US President Donald Trump in April will generate fears of a recession in the United States and increase global commercial tensions, which caused a sales wave in the shares.
However, the reductions in some tariffs They have relieved investor concerns, the risks of recession and promoted actions to historical maximums last week.
«A resilient perspective for the growth of profits in 2026, the resumption of the Fed fees clippings and a neutral positioning of investors advocate a greater bullish potential in the market as the recent and narrow rebound expands,» Goldman declared in a last minute note on Monday.
Last month, Barclays, Citigroup y Deutsche Bank They raised their goals for the S&P 500.
The recent weakest economic data in the US have also promoted the expectations of new interest rate cuts by the Federal Reserve, which could promote actions.
«Recent inflation data and corporate surveys indicate a lower tariff transmission to date of the expected,» Goldman said.
The Bolsa house also raised its goal for next three and twelve months of index a 6.400 y 6.900from its previous forecast of 5,900 and 6,500, respectively.
On Monday, Trump intensified his commercial war, informing 14 countries, including Japan and South Korea, who now face considerably higher tariffs from the new deadline of August 1.
«We hope that the assimilation of tariffs is a gradual process, and large capitalization companies seem to have a certain inventory reserve before the increase in tariff rates,» Goldman added.