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Market Forecast

All articles tagged with #market forecast

Goldman Sachs Says S&P 500 Could Reach 7,600 by 2026 on Earnings Growth
business26 days ago

Goldman Sachs Says S&P 500 Could Reach 7,600 by 2026 on Earnings Growth

Goldman Sachs projects the S&P 500 could reach 7,600 by end-2026 as corporate earnings grow and the economy expands, with the information technology sector leading the gains and financials, health care, and communication services providing support; the index trades around 21x forward earnings, near its long-run average, implying roughly a 14% upside from current levels.

Stock Market Resilience Amid Ongoing Government Shutdown
business6 months ago

Stock Market Resilience Amid Ongoing Government Shutdown

Stock futures remained stable after a record-setting week on Wall Street, despite a ongoing U.S. government shutdown that delayed key economic data. Investors are optimistic about the market's resilience, with some analysts predicting the S&P 500 could reach 7,000 by year-end, viewing the shutdown as a temporary issue. Federal Reserve officials are also scheduled to speak this week, adding to market anticipation.

End of EV Tax Credits Sparks Industry Concerns and Price Changes
business6 months ago

End of EV Tax Credits Sparks Industry Concerns and Price Changes

GM, Hyundai, and Ford are extending EV discounts after the expiration of a $7,500 federal tax credit to maintain sales momentum, with Hyundai also lowering prices on certain models. Despite these efforts, EV sales are expected to slow in the US due to policy changes, high prices, and infrastructure issues, with some automakers adjusting their strategies to cope with the evolving market landscape.