US Stock Market: JP Morgan raises S&P 500 year-end target to 8,000 on AI, earnings optimism

J.P. Morgan raised its S&P 500 year-end target to 8,000, citing stronger corporate earnings and growing confidence in AI investments. The brokerage also raised its 2026 and 2027 earnings forecasts, while maintaining a 20-times valuation multiple amid risks from higher rates and geopolitical uncertainty.