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Goldman Sachs sees S&P 500 rising to 8,700 next year despite slower earnings growth

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Core Development: Goldman Sachs sees S&P 500 rising to 8,700 next year despite slower earnings growth
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Market & Financial Impact: According to Goldman Sachs, the S&P 500 index may reach 8,700 points within the next year, despite a decline in tech shares after the midterm elections in the US. They foresee a notable deceleration in global earnings growth by 2027, mainly in the US. Nevertheless, Goldman remains optimistic about equity valuations, indicating good returns are possible, and they have revised ratings for different regions while bracing for increased volatility.
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Actionable Insight: 📊 Earnings Focus: Assess quarterly EBITDA margins, year-over-year revenue, and management guidance.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Economic Times ↗
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