Goldman Sachs Sees Stock Upturn, Eyes 12% Growth
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Goldman Sachs predicts a positive outlook for stocks post-April, despite the recent sell-off. The S&P 500 closed at 6528.52, up 2.91% in a relief rally. The index is still 4.8% below its January peak. Goldmans optimism aligns with Morgan Stanleys views, as capital shifts from gold to equities. Investors are now focusing on first-quarter earnings, expecting steady guidance amid higher energy costs and supply chain issues. Key earnings reports from Bank of America, TSMC, Netflix, and UnitedHealth could influence the market. Goldman anticipates 12% full-year earnings growth if Middle East tensions subside, setting up a balanced market for investors to capitalize on dips in strong companies.
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