Goldman Sachs raises S&P 500 year-end target to 5,600

Capt. John

Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index .SPX to 5,600 from 5,200 earlier, citing strong earnings growth by five mega-cap U.S. tech stocks and a higher fair value price-to-earnings ratio multiple. Microsoft MSFT.O, Nvidia NVDA.O, Google GOOGL.O, AMZN.O, and...

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