Tom Lee: The market has absorbed the impact of the Iran war, with the S&P 500 targeting 7,700 points

Deep Tide TechFlow News, April 28th, according to Jinshi Data reports, Fundstrat founder and research director Tom Lee said in an interview with CNBC that investors have become desensitized to geopolitical risks such as the Iran war, the U.S. economy is showing remarkable resilience, and the S&P 500 index is expected to break through 7,700 points strongly this year, with about 7.3% room for growth from the current level (7,173.91 points). Lee pointed out that three core drivers are jointly pushing U.S. stocks higher: first, the strong start of the corporate earnings season, with over 89% of companies exceeding expectations; second, AI productivity is beginning to materialize, with technological empowerment driving corporate growth; third, the private credit market is recovering, with underwriting performance better than expected. Historical data also shows that U.S. stocks tend to quickly bottom out and rebound during major war events.