News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
G Sachs Expects Deeper Rate Cuts by Fed w/ S&P 500 12-mth Forecast at 6,900
Goldman Sachs raised its 3-/ 6-/ 12-month S&P 500 forecasts anticipating that the Fed will cut rates earlier and more significantly, while the fundamentals of large-cap stocks ...
Reset
Send
The window will close in 5 seconds
G Sachs Expects Deeper Rate Cuts by Fed w/ S&P 500 12-mth Forecast at 6,900
Close
Recommend
2
Positive
5
Negative
2
 
SHORT SELL
 
STOCK INFO

Goldman Sachs raised its 3-/ 6-/ 12-month S&P 500 forecasts anticipating that the Fed will cut rates earlier and more significantly, while the fundamentals of large-cap stocks will remain strong.

Goldman Sachs expected a 3% return for the S&P 500 over the next 3 months, reaching 6,400. The broker also lifted its 6-month forecast from 6,100 to 6,600, with 12-month return expected to be 11%, implying that the S&P 500 may peak at 6,900.

Related NewsContinuing Jobless Claims for Jun/21 in United States is 1964.0K, unchanged from its last period. The forecast was 1960K.

AASTOCKS Financial News
Website: www.aastocks.com
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.