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Goldman Sachs Again Lowers Year-End Target For S&P 500
- Goldman Sachs lowers its year-end target for the S&P 500 index to 5,700 points, down 8% from the previous estimate.
- The downgrade is attributed to a higher recession risk and tariff-related uncertainty.
- The new forecast implies that the S&P 500 will gain about 2% this year.
- Stocks in the U.S. continue to selloff due to fears of the impact of Trump's trade war on the global economy.
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