Goldman Sachs Cuts S&P 500 Forecast Amid Tariff Uncertainty, Recent Sell-Off | Global News Avenue

Goldman Sachs analysts lowered their S&P 500 Among them uncertain Around Trump Government tariffs and the U.S. economy, and after a widespread sell-off Start a week.

Analysts cut their projections Benchmark index It reached 6,200 times by the end of the year, a 11% premium lower than the previous 6,500. This will only grow by 5% from the end of 2024, rather than Goldman Sachs’ 10.5%.

Analysts say tariffs, growth uncertainty drives sale

“The most direct reason for the market decline is that the jump in policy uncertainty is basically related to tariffs, concerns about the outlook for economic growth and relaxation in positioning, especially in hedge funds,” analysts wrote in a note on Wednesday.

Drag the S&P 500 to the S&P 500 in recent weeks SevenGiven their recent performance, Goldman Sachs analysts call it “Maleficent 7”. All seven stocks have fallen from their 52-week highs, totaling about 14% over the past three weeks. this The so-called Standard & Poor’s 493Analysts say there is no impact from MAG 7, while only a 1% drop.

Analysts said they lowered their forecasts because they now expect company earnings and gross domestic product Because “the combination of rising tariffs, rising uncertainty and the tax effect of tightening financial situations is slower than previous forecasts.”

In increasing market uncertainty, analysts recommend that owning stocks “is related to the main theme drivers of ongoing market volatility.”

S&P 500 Index Recently moved lowerRetreat about 0.4% in recent deals.