American banking giant JPMorgan has released a notably optimistic outlook for the S&P 500, despite the benchmark’s recent short-term pullback.In an outlook released on November 26, the bank is forecasting the index to reach 7,500 by the end of 2026 and potentially surpass 8,000 if the Federal Reserve implements deeper and faster rate cuts. Indeed, this target implies a possible 18% rally from the S&P 500 closing value of 6,765.The bank highlighted a combination of resilient economic growth, accelerated tech ...