VERIFIEDET Markets·11 May 2026positive

Wall Street upside? HSBC sees S&P 500 at 8,000, raises 2026 target as AI boom and tech earnings fuel optimism

AI Summary

·HSBC has raised its 2026 S&P 500 target to 7,650.
·The brokerage cited strong corporate earnings and resilient technology stocks as reasons for the target increase.
·HSBC believes AI adoption and easing macro conditions could push the index beyond 8,000.