After the record high of the US stock market, will the bull market continue? UBS is bullish: high valuation but not a bubble, optimistic about AI and energy sectors.

Wisdom Financial App learned that UBS has released its latest "UBS House View" report. The report points out that in recent weeks, the US stock market has repeatedly hit new highs, thanks to the strong performance of second-quarter earnings exceeding expectations, especially in energy-related companies, and the increased likelihood of a Fed rate cut in September. UBS believes that there is still room for further development in the US stock market bull market and expects the S&P 500 index to reach 6800 points by June 2026. For investors with underweight stock holdings, they should consider gradually increasing their investment allocation and taking advantage of market pullbacks to increase their exposure to related sectors.