Goldman Sachs Says S&P 500 Bull-Run Has Legs But Cuts Earnings Outlook | 7/29/2019 | Staff
marked (Posted by) Level 4
LONDON (Reuters) – Goldman Sachs said on Tuesday it has raised its 2019 target for the U.S. benchmark S&P 500 index by 3% to 3,100, implying a 24% gain for the year, but has lowered its earnings estimates citing weakness in economic activity and margin outlook.

The forecast would see Wall Street extend its decade-long...
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