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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

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UBS: the reasons why the S&P 500 index may grow by another 5%


May, 15 2024

According to strategists at Swiss bank UBS, the US S&P 500 index may reach 5,500 points this year, which implies an increase of 5%.The main factors that could contribute to growth include disinflation, lower Fed rates, increased corporate revenues, and continued investment in artificial intelligence. At the moment, when almost all companies in the index have already published their reports, average revenues, especially in the technology sector, remain high: profits have been revised up by 7%... Read More

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.