ReferIndia News HSBC Boosts S&P 500 Forecast Amid Tech-Driven Surge

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HSBC Boosts S&P 500 Forecast Amid Tech-Driven Surge

Published on: Sept. 3, 2025, 5:21 p.m. | Source: Devdiscourse

HSBC has increased its year-end forecast for the S&P 500 index to 6,500. The brokerage cites stronger-than-expected Q2 earnings and robust macroeconomic conditions, with technology and financial sectors fueling growth. Despite modest tariff impacts, capital expenditure driven by artificial intelligence is bolstering the market.

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