oil prices

Goldman Warns S&P 500 Could Decline to 6300 if Growth Weakens

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Chart showing S&P 500 index level with downward arrow indicating potential decline to 6300 amid growth concerns

Goldman Sachs has cautioned that the S&P 500 could drop to around 6300 in a moderate growth shock scenario, driven by weakening economic momentum, higher oil prices from geopolitical tensions including the Iran conflict, and resulting compression in valuation multiples as investor sentiment deteriorates. Despite this downside risk, the firm maintains a constructive longer-term view … Read more

The U.S. stock market showed mixed performance amid the release of the latest inflation figures and ongoing geopolitical tensions stemming from the Iran conflict.

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U.S. stock market indices charts showing S&P 500 and Nasdaq gains with Dow decline amid inflation report and Iran tensions

“In a session marked by cautious trading, the S&P 500 and Nasdaq Composite posted modest gains, supported by resilient tech sector momentum and inflation data that aligned with expectations, while the Dow Jones Industrial Average slipped as energy-related pressures and broader uncertainty from Middle East developments weighed on cyclical and industrial stocks.” Stock Market Today: … Read more