Tom Lee: The S&P 500 could reach 8,000 points by the end of August
2026-08-17 01:45:25
According to CoinMeta, Tom Lee indicates that the S&P 500 index may reach 8,000 points by the end of August, due to demand for artificial intelligence, strong corporate earnings, and a cooling of inflation, which have driven a widespread rebound in the market. However, Lee still anticipates a possible 10% pullback, with reasons including record margin debts, uncertainties in the bond market, mid-term elections, and further SpaceX stock unlocks.
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