Optimism abounds in the U.S. stock market according to financial analysts at Morgan Stanley and Goldman Sachs. These prominent firms are predicting continued growth despite potential volatility, attributing this to robust economic conditions. Morgan Stanley strategist Michael Wilson, known for his bearish outlook earlier in 2024, has now turned bullish. His shift reflects the promising performance of U.S. companies, which is anticipated to positively impact the S&P 500 index’s end-of-year performance. Wilson’s revised prediction sees a potential 8% surge from current levels, with a target price of 6,500 points. Similarly, Goldman Sachs strategist David Kostin highlights that recent market trends indicate investors are embracing an optimistic outlook, with sectors exposed to economic activity outperforming those considered defensive.