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The S&P 500 is reiterated at a buy with a year-end target of 7,778, implying further upside on robust earnings and macro momentum. S&P 500 earnings are growing 16% on average, with companies beating expectations by 6%, the strongest earnings season in four years. The call is broadly bullish for U.S. equities and could support risk-on positioning across the market.

Analysis

The S&P 500 is reiterated at a buy with a year-end target of 7,778, implying further upside on robust earnings and macro momentum. S&P 500 earnings are growing 16% on average, with companies beating expectations by 6%, the strongest earnings season in four years. The call is broadly bullish for U.S. equities and could support risk-on positioning across the market.

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Market Sentiment

Overall Sentiment

strongly positive

Sentiment Score

0.75