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S&P 500 forecast: Stocks in need of fresh catalyst

The S&P 500 has been bolstered by a bullish run that began in April. It’s been a steady climb, with several tailwinds lifting sentiment along the way — from Trump’s decision to delay reciprocal tariffs deadline, a welcome calming of tensions in the Middle East, to the US approving the “big, beautiful bill” of tax and spending policies that form the core of Trump's second-term agenda.