Adobe Inc. (ADBE) Unveils 100+ New Creative Cloud Features at Adobe MAX 2024, Boosted by AI Model Firefly; Morgan Stanley Sets Price Target at $660

The S&P 500 is nearing 6,000, driven by AI stocks' performance. Market analysts anticipate continued growth due to AI's influence on profitability, but caution high valuations may challenge growth sustainability. Ongoing conflicts and upcoming elections pose risks, while AI innovation supports further gains.