# Wells Fargo says it expects the S&P 500 to break fresh records over the next several months.

*business · news · 2026-04-14 · Business Insider*

## Key points

- Wells Fargo predicts the S&P 500 could reach a record 7,300 by July 2024.
- Trump's proposed bill extending 2017 tax cuts is estimated to boost GDP growth by 0.2 percentage points annually.
- Lower tariffs from a recent Supreme Court ruling are expected to boost manufacturing and services activity.
- Wells Fargo expects tech firms' free cash flow to rise after a 67% cut in 2026 estimates.
- Analysts anticipate the market's 'sugar high' will fade as growth slows and inflation rises in the second half.

**Companies:** Wells Fargo
**Countries:** United States

[Read the full story on Business Insider](https://www.businessinsider.com/stock-market-record-high-sp500-rally-world-cup-wells-fargo-2026-4)

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