Goldman Sachs: Stock Market Rally Dependent on Job Data

Reported 2 days ago

Goldman Sachs traders indicate that a modestly positive US jobs report could lead to a rally in the S&P 500, projecting potential gains of up to 2% if February payrolls exceed 150,000. Despite current market uncertainties and a notable decline in stocks due to concerns about the tech sector and tariffs, a strong jobs report could reverse negative sentiment, while a weaker report could trigger further declines.

Source: YAHOO

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