UBS Wealth Management expects that under the baseline scenario, US stocks will rise next year driven by steady economic growth, declining interest rates, and the boom in artificial intelligence. The US is the region the bank is most bullish on, giving it a "attractive" rating, with a target of 6600 points for the S&P 500 index. US economic growth is being supported by relaxation of regulations and improving business confidence, offsetting the impact of tariffs on major imports from Europe and other regions. Li Zhiying, Head of Equities for UBS Wealth Management's Chief Investment Office in Greater China, is optimistic about US technology, energy, and utility stocks next year, mainly driven by the boom in artificial intelligence.