Citibank has raised its year-end target for the S&P 500 to a robust 6,300 points, reflecting an optimistic outlook on the US economy. The increase in the forecast underscores the investment bank's confidence in strong economic fundamentals and market resilience as driving forces that could lift the index in the coming months.

In light of this positive assessment, Citibank encourages investors to consider buying on dips. This strategy is premised on the idea that the current economic climate, characterized by solid growth and favorable corporate earnings, provides a sound basis for long-term gains in the equity markets.