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Goldman Sachs Lifts S&P 500 Target to 5,200 on Profit Expansion

Goldman Sachs Lifts S&P 500 Target to 5,200 on Profit Expansion
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Goldman Sachs lifts S&P 500 target to 5,200 on profit expansion

(Bloomberg) Just months after setting a 2024 target for the S&P 500 Index, Goldman Sachs Group Inc. strategists have boosted their forecast for a second time as the stock market eclipsed the significant 5,000 milestone this month.Most Read from BloombergTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderRecord US Stock Rally Is Under Threat From a World in TurmoilSystemic Risk Concerns Grow Among Money Managers as Real Estate Woes Cause TurmoilTop Investors Share the Toughest Less

Stock momentum slams into a wall in S&P 500 s worst CPI day in years

What s next after S&P 500 s worst inflation data day in years

S&P 500 Set for Worst CPI Day Since September 2022: Markets Wrap

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities moved away from their all-time highs after the core consumer price index topped estimates and climbed the most in eight months. Treasuries sold off, with two-year yields hitting the highest since before…

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