The long US stock market rally may be on the verge of a shift, with earnings growth finally starting to spread beyond the tech giants that have carried the S&P 500 for the past three years, according to Deutsche Bank’s 2026 outlook. The bank thinks the index could hit 8,000 by the end of 2026, delivering mid-teens returns from here. That call leans on a mix of improving earnings, steady investor appetite for stocks, and corporate buybacks that do not appear to be slowing down. A “two-speed” bull market The ...