S&P 500, Nasdaq and Dow Jones retreat as Broadcom and AI stocks slide; investors favor financials and industrials, UBS predicts S&P 500 could climb to 7,700
Published on: Dec. 13, 2025, 7:32 a.m. | Source: The Economic Times
Markets saw a shift on Friday. Investors moved away from technology stocks linked to artificial intelligence. They instead invested in value and cyclical sectors. This rotation followed a Federal Reserve interest rate cut. Despite recent volatility, optimism for the longer term remains. UBS forecasts the S&P 500 could climb to 7,700 by the end of 2026.
