**[Wall Street's Three Giants Still Bullish on U.S. Stocks: Geopolitical Shock Won't Change the Bull Market]** Odaily Planet Daily News – Strategists from major Wall Street banks have stated that despite the risks posed by the Iran war, their bullish outlook on U.S. stocks remains valid. Rising oil prices, concerns over living costs, and uncertainty surrounding the Federal Reserve's interest rate outlook have driven the S&P 500 Index (SPX) to its worst two-week performance since the tariff turmoil of April last year. Nevertheless, strategists from Goldman Sachs, Morgan Stanley, and JPMorgan point out that earnings growth and valuations provide support. While valuations remain elevated, they are no longer as extreme as before. Wilson's baseline year-end target for the S&P 500 Index is set at 7,800 points, implying approximately 18% upside from last Friday's closing price. Goldman Sachs' Snyder expects the benchmark index to rebound to 7,600 points. As the war enters its third week, the sharp rise in crude oil prices has pushed up U.S. Treasury yields and weakened bets on Federal Reserve rate cuts due to heightened inflation concerns. The Strait of Hormuz has become a focal point, and any prolonged disruption would deepen market fears about the global economic risks stemming from the conflict. Despite this, since the outbreak of the Iran war, U.S. stocks have only seen a moderate pullback, with less than 20% of developed market stocks in technically oversold territory. (Jin10)