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S&P 500 rises 9.3% through July and could reach 8250, James Pethokoukis notes

S&P 500 rises 9.3% through July and could reach 8250, James Pethokoukis notes
S&P 500 up 9.3 percent year-to-date

James Pethokoukis highlights that the S&P 500 index has increased by 9.3% year-to-date through July 2.

He discusses the possibility of the index rising an additional 10.2% by the end of this year to reach a target level of 8250, expressing continued confidence in this outlook.

Pethokoukis has recently tracked other shifts in the tech and investment landscape. He reported that private equity investors are using AI to create software replicas for evaluating technology ahead of acquisitions. Earlier, he highlighted Google’s $900 million stake in SpaceX, now valued at $125 billion, as well as the company’s gains in Anthropic in a recent post.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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