Goldman Sachs: Upgrades global stock market rating to "Overweight," expected to continue upward trend before the end of the year

Goldman Sachs has upgraded its global stock market rating to "Overweight," expecting the upward trend to continue before the end of the year, mainly benefiting from the resilience of the U.S. economy, valuation support, and the Federal Reserve's dovish signals. The strategy team recommends buying during stock market pullbacks, while the credit asset allocation rating has been downgraded to "Underweight" in the short term, but remains bullish on stocks in the medium to long term. It is expected that the S&P 500 index will rise another 2% in the next three months, reaching 6,800 points. Analysts warn to pay attention to the risks of growth falling short of expectations or interest rate fluctuations