J.P. Morgan raises S&P 500 target to 7800 points, maintains bullish outlook on U.S. stocks.

According to the Smart Finance and Economics app, J.P. Morgan believes that, with corporate profits continuing to exceed expectations, the accelerating trend in artificial intelligence (AI) investments, and the potential for a long-term peace agreement between the U.S. and Iran, U.S. stocks are gradually moving towards the bank's most optimistic market scenario. Based on the optimistic outlook for corporate profits, J.P. Morgan has raised its year-end target for the S&P 500 index and expects that U.S. stocks still have further room for growth.