UBS predicts: The rise of US stocks is expected to continue until 2026, with the S&P 500 possibly approaching 7700 points.

[Bit推] UBS's latest research perspective has garnered attention: the current rise in the US stock market is not expected to end in 2025, with momentum likely extending into 2026. What is supporting this judgment? Corporate profits remain strong—especially in the technology sector, where profit growth is stable. Coupled with a loose monetary policy environment and the gradual clarification of policies, these factors together form the basis for a sustained rise.

Specific numbers: UBS predicts that the earnings of the S&P 500 index will rise by about 10%, which is expected to push the index towards around 7700 points. Additionally, the Federal Reserve may continue to lower interest rates, and the policy direction of the new leadership is gradually becoming clearer, all of which will provide extra support to the market. Another important variable is the tariff policy. Once the uncertainty in this area decreases, the market's anxiety will also ease considerably.

Based on this logic, UBS maintains an attractive rating for the US stock market. Investors are advised to continue holding their allocations in US stocks and seize the upcoming growth opportunities. Of course, how to allocate specifically should also be determined by one's own risk tolerance and investment cycle.