Wall Street upside? HSBC sees S&P 500 at 8,000, raises 2026 target as AI boom and tech earnings fuel optimism
Published on: May 11, 2026, 7:26 p.m. | Source: The Economic Times
HSBC raised its 2026 S&P 500 target to 7,650, citing strong corporate earnings and resilient technology stocks. The brokerage said improving AI adoption, broader market participation and easing macro conditions could potentially push the index beyond the 8,000 mark despite lingering inflation and oil price risks.
