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UBS lifts its target on the S&P 500 index to 5,000

UBS lifts its target on the S&P 500 index to 5,000

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After an about 100% gain since the pandemic low of 2,305 in March 2020, many would think that the benchmark S&P 500 index running out of steam is no longer a matter of “if” but of “when”. On the contrary, however, UBS Global Wealth Management says it sees no end to the rally anytime soon.

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