S&P 500 Bullish Forecast, Nikkei Hits Record High, Oil Eyes $100

Market News
1. UBS Global Wealth Management raises its 2026 year-end S&P 500 target to 7,900 and introduces a mid-2027 target of 8,200, signaling a very bullish outlook.
2. Japan's Nikkei 225 Index closed at its highest level ever, indicating significant strength in the Asian stock market.
3. Barclays maintains its $100/barrel Brent forecast for 2026, with risks skewed higher due to potentially tightening inventories.