Bull Market Gains Momentum as Latest Inflation Data Surprises The latest inflation data, showing lower-than-expected consumer and wholesale prices, is fueling the ongoing stock market rally. Julian Emanuel of Evercore ISI raised his year-end S&P 500 target to 6,000, citing the positive inflation trend and early AI market opportunities. Similarly, UBS’s Jonathan Golub sees potential for further gains, given the implications for future interest rate cuts. Both strategists highlight inflation’s pivotal role in the current bull market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Market Teeters: US Stockpile Drop Counters Global Surplus Fears READ MORE Gold's Glittering Milestone: Surges Past $2,300 Amid Rate Cut Hopes READ MORE Gold Shines in Short-Term as Copper Holds Mid-Term Appeal, Deutsche Bank Survey Finds READ MORE Oil Markets React to Missile Strike in Damascus Sparks Fear READ MORE Fed's Rate Strategy for 2024: Stability Over Cuts, Says One Wall St Analyst READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment