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UBS lifts S&P 500 index’s annual target on fading trade tensions

The S&P 500 index reached a new record high on Friday, recovering from a slump linked to President Trump's trade war.
Investors are optimistic despite recent tensions in the Middle East, contributing to gains in the Dow Jones Industrial Average and Nasdaq.
President Trump announced a trade agreement with China on Thursday but did not provide further details.

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UBS Lifts S&P 500 Index's Annual Target on Fading Trade Tensions

3 hours ago·New York, United States

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Reuters

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UBS raises S&P 500 index's annual target on fading trade tensions

UBS Global Wealth Management raised its year-end target for the S&P 500 index to 6,200 from its prior forecast of 6,000, banking on softening trade tensions and expectations of resilient quarterly earnings.

16 hours ago·United Kingdom

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npr

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Georgia Public Broadcasting

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Stocks hit a new record high after markets open for trading

Both the S&P 500 index and the Nasdaq appear headed to close out the week at record highs Friday, as investors shrugged off trade tensions and recent fighting in the Middle East.

16 hours ago·Washington, United States

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