{
}
Barclays has increased its year-end target for the STOXX 600 index from 545 to 580, attributing the revision to German fiscal reforms that enhance long-term growth prospects for Europe. This adjustment reflects a more optimistic outlook for the region's economic performance.
Barclays has increased its year-end target for the STOXX 600 index to 580, up from 545, due to expectations that German fiscal reforms will enhance long-term growth prospects for Europe. This adjustment reflects a more optimistic outlook for the region's economic performance.
European shares rose, driven by gains in the energy sector, despite mixed economic data. The STOXX 600 index reached a three-week high, influenced by rising euro zone inflation and expectations of interest rate cuts from the European Central Bank. Germany reported higher-than-expected inflation, while Spain's GDP growth remained steady.
UBS Global Wealth Management has upgraded its outlook on global equities to "attractive," driven by resilient U.S. economic growth, easing monetary policies from major central banks, and an AI boom. The MSCI world equity index has surged 16.3% this year, with further stimulus from China expected to bolster global stocks. While technology is projected to lead earnings growth, potential risks from the upcoming U.S. elections could impact market stability.
UBS Global Research has raised its year-end target for the S&P 500 to 5,850 points, up from 5,600, citing corporate profit growth and a supportive macroeconomic environment. The index has surged 22.85% in 2024, reaching a record high of 5,859.85 points. UBS also increased its 2025 target to 6,400, anticipating further gains driven by technology stocks and a series of interest rate cuts by the Federal Reserve.
Mrigank Dhaniwala
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Barclays increases STOXX 600 year-end target amid positive growth outlook
08:22 19.03.2025
Barclays increases STOXX 600 year-end target amid German fiscal reforms
08:22 19.03.2025
European markets rise on energy gains amid mixed economic signals
Euro
Sodexo
CHE
FRA
ESP
DEU
Hugh Lawson
Purvi Agarwal
Janane Venkatraman
Mrigank Dhaniwala
Show more
18:22 07.01.2025
ubs raises global equities outlook to attractive amid economic resilience and ai boom
11:37 25.10.2024
ubs raises s and p 500 year end target to 5850 points
United States Dollar
S&P Global Inc.
UBS SA
Federal Reserve Bank of Boston N.A.
USA
Mrigank Dhaniwala
Jerome Powell
Jonathan Golub
Show more
14:21 15.10.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Finance Mergers & Acquisitions
Industry Mergers & Acquisitions
Global Financial Events
Market Analysis and Predictions
Banking Regulations
Financial Scams and Security
Retail and Consumer Goods
CEO Changes
Global Trade Developments
Central Bank Actions
Supply Chain Management
Startups & Entrepreneurship
Government Policies
Government Economic Policies
AI Innovations
Energy Sector Developments
Economic Sanctions
Countries:
Companies:
Barclays PLC
Tesla, Inc.
JPMorgan Chase & Co.
Bank of America Corporation
The Goldman Sachs Group, Inc.
NVIDIA Corporation
Wells Fargo & Company
Apple Inc.
UniCredit S.p.A.
UBS Group AG
Banco BPM S.p.A.
Amazon.com, Inc.
Citigroup Inc.
Google Inc.
Credit Suisse Real Estate Fund Siat
Deutsche Bank RV Global PP
Capital One Financial Corporation
BNP Paribas SA
Commerzbank AG
Lloyds Banking Group plc
Currencies:
United States Dollar
Euro
Indian Rupee
Swiss Franc
British Pound Sterling
Chinese Yuan
Japanese Yen
Hong Kong Dollar
Danish Krone
Australian Dollar
United Arab Emirates Dirham
Swedish Krona
Singapore Dollar
South Korean Won
Canadian Dollar
Russian Ruble
Malaysian Ringgit
Offshore Chinese Yuan
Kuwaiti Dinar
Ghanaian Cedi
People: