
Goldman Sachs slashes S&P 500 target for second time this month amid trade war concerns
Goldman Sachs Group Inc. strategists cut their S&P 500 target for a second time this month, citing a higher recession risk and tariff-related uncertainty. The team led by David Kostin now expects the benchmark to end the year around 5,700 points versus their previous estimate of 6,200. The new target implies gains of just 2%…