S&P 500 forecast: JPMorgan expects the S&P 500 to reach 7,500 in 2026, with a potential surge past 8,000 if the Fed keeps cutting rates. The index closed at 6,765. Earnings are projected to rise 13%–15%. Q3 earnings grew 13.4%. Markets see an 85% chance of a rate cut next month. HSBC also issued a 7,500 target.
