Capital Economics Analyst: S&P 500 Index May Rise to 8,000 Points by Year-End

According to ChainCatcher, Capital Economics analyst Thomas Mathews stated that the S&P 500 index could be supported by tech stocks this year, with expectations to rise to 8,000 points by the end of the year.

Despite the tumultuous start to the year, Mathews noted that the earnings outlook for technology companies remains 'quite optimistic,' and he holds a positive attitude toward U.S. stocks.