Don't miss it! Goldman Sachs expects U.S. stocks to start a year-end rebound this week

Zhitong
2024.11.25 13:29
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Goldman Sachs trader Scott Rubner expects that U.S. stocks will begin their year-end rally this week, pushing the S&P 500 index up about 4% to 6,200 points. With retail investors' enthusiasm for stocks and cryptocurrencies accelerating and corporate buyback demand increasing, the market is entering its best seasonal trading pattern. Rubner noted that since the presidential election on November 5, the S&P 500 index has risen by 3.2%, and the Russell 2000 index has risen by 6.5%. Historical data shows that the upward trend typically continues into January