{"id":439904,"date":"2026-05-22T11:07:09","date_gmt":"2026-05-22T11:07:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/439904\/"},"modified":"2026-05-22T11:07:09","modified_gmt":"2026-05-22T11:07:09","slug":"ubs-global-wealth-management-lifts-sp-500-target-on-strong-consumer-spending-ai-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/439904\/","title":{"rendered":"UBS Global Wealth Management lifts S&#038;P 500 target on strong consumer spending, AI demand"},"content":{"rendered":"<p>May \u206022 (Reuters) &#8211; UBS Global \u2060Wealth Management raised \u200cits 2026 year-end target for the S&amp;P \u200b500 to 7,900 \u2060from 7,500 \u2060previously, citing resilient consumer \u2060spending \u200cand seemingly insatiable \u2060demand for data center \u200binfrastructure.<\/p>\n<p>In \u200ca note dated May \u206021, \u200bthe brokerage said U.S. stocks \u2060have hit new \u200bhighs despite ongoing uncertainty over Middle \u2060East energy flows, driven by hopes of an end \u200bto \u2060the conflict, strong first-quarter \u200bearnings, \u200cand AI momentum.<\/p>\n<p>(Reporting \u200bby Akriti Shah in Bengaluru)<\/p>\n","protected":false},"excerpt":{"rendered":"May \u206022 (Reuters) &#8211; UBS Global \u2060Wealth Management raised \u200cits 2026 year-end target for the S&amp;P \u200b500 to&hellip;\n","protected":false},"author":2,"featured_media":439905,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245,145],"class_list":["post-439904","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/439904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=439904"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/439904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/439905"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=439904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=439904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=439904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}