The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
May 8, 2026
· 2 min read
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RBC lifts S&P 500 year-end target to 7,900 on AI optimism
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
RBC lifts S&P 500 year-end target to 7,900 on AI optimism
REUTERS
PUBLISHED MAY 8, 2026
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RBC Capital Markets raised its year-end target for the S&P 500 to 7,900 from 7,750 on Friday, citing resilient earnings growth and continued strength in artificial intelligence-linked sectors.
The Canadian brokerage’s new target implies a 7.7-per-cent upside from the benchmark index’s Thursday close of 7,335.66.
U.S. equities have rallied to hit record highs in …
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