UBS Trims S&P 500 Target Over Middle East Conflict Risks

UBS lowered its 2026 S&P 500 target to 7,500 as Middle East conflict risks keep oil prices high. The firm also delayed its expected Federal Reserve rate cuts.

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UBS Global Wealth Management has reduced its 2026 price targets for the S&P 500 index, citing the ongoing conflict in the Middle East as a significant risk to economic stability. The brokerage noted that sustained high oil prices could pressure growth in the United States and keep inflation firmer than expected.

The UBS corporate logo is seen on a building in Bern, Switzerland, near the Federal Palace. REUTERS/Pierre Albouy/File Photo
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