Goldman Cuts S&P 500 Target Again as Gloom Descends Upon Stocks
- Date: 13-Mar-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Goldman Cuts S&P 500 Target Again as Gloom Descends Upon Stocks
(Bloomberg) -- Goldman Sachs Group Inc. strategists lowered their target for the S&P 500 index for the second time in a month, implying negative returns for the year, after a global commodity crunch triggered by Russia’s invasion of Ukraine deepened the slump in U.S stocks.
Most Read from Bloomberg
Ukraine Update: U.S. Imposes Sanctions on More Russian Elite