Wall Street Becomes More Optimistic on Stocks Amid Ongoing Trade Concerns

Reported 3 days ago

Wall Street analysts are increasingly optimistic about stocks despite fresh trade threats from President Trump, who has targeted tariffs on imports from Japan and South Korea. Goldman Sachs has raised its year-end S&P 500 forecast to 6,600, while Bank of America upgraded its target to 6,300, reflecting a strong market performance. However, concerns about mixed earnings signals and economic data remain, with strategists cautioning that there is no clear catalyst for continued growth. The uncertainty surrounding tariffs and fluctuating economic indicators keep investors on edge.

Source: YAHOO

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