The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
May 11, 2026
· 2 min read
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HSBC lifts S&P 500 year-end target on earnings optimism
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Article Excerpt
HSBC lifts S&P 500 year-end target on earnings optimism
REUTERS
PUBLISHED MAY 11, 2026
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HSBC has raised its year-end target for the benchmark S&P 500 index to 7,650 from 7,500 on Monday, citing resilient earnings growth.
U.S. stocks have surged to record highs in recent weeks, driven by strong optimism around AI investments and expectations of robust earnings growth, setting aside concerns that high oil prices related to the Middle East conflict are …
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