$SPY

Ed Yardeni has expressed optimism regarding the recent equity market trends, suggesting that the recent pullback has likely concluded. According to NS3.AI, Yardeni maintains his forecast that the S&P 500 will reach 7,700 by the end of the year. He noted that the index experienced a 9% decline, but easing fears of a prolonged Middle East conflict have alleviated concerns about potential disruptions in oil supply.