President Trump acknowledged the U.S. economy is in a “transition period,” expressing optimism for future performance despite concerns about a potential short-term recession. He cited strong employment figures and reiterated his call for the Federal Reserve to lower interest rates.
US Stock Market: Goldman Sachs raises S&P 500 target to 8,000 on AI-driven earnings optimism
Goldman Sachs has boosted its S&P 500 target for 2026 to 8,000. This optimistic outlook is driven by strong corporate earnings and continued investment in