Reported about 6 hours ago
Goldman Sachs has reduced its target for the S&P 500 index from 6,500 to 6,200, reflecting rising skepticism about the US economy, amid lowered growth forecasts and worsening market conditions. This follows similar downgrades from other banks concerned about geopolitical tensions and economic uncertainties. Analysts also suggest investors look towards stocks less affected by market volatility.
Source: YAHOO