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Yardeni Cuts S&P 500 Target to 7,900 on Rising Yields (SPY:NYSEARCA)

Yardeni said rising Treasury yields and higher oil prices increase the risk of a downturn over the next three to six months.

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Ed Yardeni cuts his S&P 500 year-end target to 7,900 on rising bond yields and downside risks.

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Ed Yardeni cuts S&P 500 year-end target to 7,900 as downturn risks mount

Yardeni's revised S&P 500 target highlights increased market caution, reflecting broader economic uncertainties and valuation pressures.

The president and chief investment strategist at Yardeni Research lowered the target price to 7,900 points from 8,400.

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