UBS Predicts U.S. Stock Market Recovery in Second Half of the Year, Raises S&P 500 Forecast
UBS, the Swiss financial services firm, expects U.S. stocks to rebound in the second half of the year and has raised its year-end forecast for the S&P 500 index. This outlook follows easing trade tensions between the U.S. and China, as well as ceasefires in the Middle East, which have helped calm global markets. Key…