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Bank of America says S&P 500 has hit its 2026 target of 7,741, with technical indicators suggesting a potential rally extension towards 8,000-8,541
Bank of America (BOFA) stated that the S&P 500 has reached its 2026 target of 7,741. Technical indicators suggest the rally could extend towards 8,000, 8,234, and potentially 8,541. The bank identifies 7,500 as key support but warns that weak August-October seasonality, stretched momentum, geopolitical risks, and upcoming US payroll and inflation data could limit further gains.
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Source：X@DeItaone · Source Link
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