Analyst Predicts S&P 500 Growth Supported by Tech Stocks

Analyst Thomas Mathews from Capital Economics has expressed optimism about the S&P 500 index, suggesting that technology stocks may bolster its performance this year. According to Jin10, despite initial volatility, Mathews anticipates a positive outlook for the index in 2026. He acknowledges concerns regarding capital expenditure on artificial intelligence and its potential negative impact on certain business models, yet remains optimistic about the earnings prospects of tech companies. Capital Economics maintains a positive stance on U.S. stocks, advising against abandoning them at this time. The firm forecasts the S&P 500 index to rise to 8000 points by the end of the year.