Goldman Sachs cuts 2022 target for S&P 500 by 16%

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Goldman Sachs has cut its year-end 2022 target for the benchmark S&P 500 index by about 16% to 3,600 points, as the U.S. Federal Reserve shows little signs of stepping back from its aggressive rate-hike stance.

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Goldman Sachs cuts 2022 target for S&P 500 by 16%

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Devdiscourse Goldman Sachs cuts 2022 target for S&P 500 by 16% Goldman Sachs has cut its year-end 2022 target for the benchmark S&P 500 index by about 16% to 3,600 points, as the U.S. Federal Reserve shows little signs of stepping back from its aggressive rate-hike stance.

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