Bank of America Says S&P 500 Has Hit Its 2026 Target; Technicals Point to Higher Levels
Bank of America reported that the S&P 500 reached its 2026 year-ahead target of 7,741 after a breakout from summer trading ranges in both equities and Treasury yields. Technical patterns identify upside objectives above current levels, while support sits near 7,500. Elevated Treasury yields and a firm dollar accompany the move, and the bank highlig…