UBS Global Wealth Management has increased its year-end forecast for the S&P 500 index to 6,600, driven by robust corporate earnings, easing trade tensions, and anticipated interest rate cuts, News.Az reports, citingReuters.

Barclays lifted its year-end forecast for the S&P 500 index to 6,050 from 5,900 on Wednesday, citing reduced trade uncertainty and expectations of normalized earnings growth by 2026.