Reported 3 days ago
Recent turmoil caused by President Trump's tariffs has led to a significant downgrade in the S&P 500 forecasts from major Wall Street firms. As uncertainty rises, analysts are projecting a potential slight decline in stock performance for the year, with year-end estimates now showing a wide variance, highlighting the confusion among investors. Key firms like Bank of America and JPMorgan Chase have notably reduced their target prices, indicating growing concerns about the economic outlook.
Source: YAHOO