Key Takeaways The S&P 500 fell 0.5% on Wednesday, Jan. 29, as the Federal Reserve held interest rates steady in a move widely expected by the financial markets.Goldman Sachs analysts downgraded ...
Goldman Sachs examines how volatile interest rates affect U.S. equities, amid a protracted bond selloff. Read more here.
US stocks closed up, with the S&P 500 notching a record for the 2nd day. Trump called for lower rates and oil prices in remarks to world leaders.
Earnings growth, meanwhile, is expected to underpin a 9% upside to Goldman Sachs' S&P 500 target level of 6500, the analysts said. The index ended trading on Friday at 5,996.66.
The S&P 500’s recent leg higher has been missing an important ingredient: inflows from big-money managers. For those betting ...