Global marketsUpdated Yesterday

Goldman Sachs sees S&P 500 at 8,700 within 12 months

Goldman Sachs expects the S&P 500 to reach 8,700 over the next 12 months. Forbes Middle East calculates that would be about 15.1% above Friday’s close. The bank also expects U.S. earnings growth to slow to 11% in 2027 from 36%. It sees more attractive valuations, lower inflation and lower bond yields as support for equities.

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