CNBC Pro

UBS raises S&P 500 forecast on incoming stimulus, stronger earnings and a spending rebound

Share
The Charging Bull near Wall Street is pictured in New York.
Carlo Allegri | Reuters

UBS is looking past rising interest rates and getting more bullish on stocks for the year as lawmakers get close to passing a new stimulus package and pent-up consumer spending is unleashed.

More In Investing trends

CNBC ProSome tech buy ideas for the dip. Analysts are getting more bullish on these growth stocks
CNBC ProChinese EV buyers want luxury — and they're looking somewhere besides Tesla, says fund manager
CNBC ProThese stocks thrived during past inflationary periods and are primed to do so again