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UBS sees the S&P 500 rising above 5,000 in the first half of 2022 before reversing

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Wall St. is located near New York Stock Exchange in New York City. It was last seen May 4, 2021.

Brendan McDermid | Reuters

The S&P 500 should rally past 5,000 in the first half of 2022, then pull back in the second half as Covid, the Federal Reserve and corporate earnings drive market action through next year, according to UBS.

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