S&P 500 Earnings - Truenewj

Stock Market Forecast 2023: Goldman Sachs Analysts Predict ‘Fat, Flat’ Decline Trend

amefika7 months ago03 mins

The stock market’s impressive rally during the first half of 2023, with the Nasdaq Composite posting its best performance in four decades and the S&P 500 gaining 16%, has raised questions about its trajectory for the rest of the year. Goldman Sachs experts analyzed the situation and predicted a continuation of the “fat and flat”…

Stocks rise on Fed rate cut hopes, economic data boost market optimism

amefika8 months ago03 mins

Stocks rose and bond yields fell as recent economic data raised hopes that the Federal Reserve could cut interest rates in September. All S&P 500 sectors posted gains, boosted by anticipation that the Federal Reserve’s easing policy could improve prospects for U.S. companies. This optimism especially benefited smaller companies, which outperformed large technology companies and…