S&P close at 7498.96 raises questions about direction, Jay Woods notes

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22.07.2026

S&P close at 7498.96 raises questions about direction, Jay Woods notes — S&P faces potential move to 7000

Jay Woods, chief market strategist at Freedom Capital Markets, questions whether the S&P could move down to 7000 before rising to 8000 after the index closed at 7498.96.

Woods notes the inability to conduct a poll for wider input on the possible direction.

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Woods has regularly commented on market developments, including his recent appearance with Diane King Hall on Schwab Network to discuss recent trends. He has also tracked analyst sentiment, noting when SPCX received 28 buy ratings and an average price target of $236. His ongoing updates reflect a focus on both broad market moves and specific equities.

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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