S&P 500, Nasdaq close lower, weighed by growth stocks
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- Wall Street indexes slip as oil prices rise, retail results awaited
- Trump threatens to bomb Oman over Iran stance
- Why this Wall Street strategist says the "trade is long gold"
- U.S. EV market shows signs of bottoming out: Bernstein
- Micron rises as White House presses Apple to avoid Chinese memory chips
- Wall Street indexes slip as oil prices rise, retail results awaited
- Trump threatens to bomb Oman over Iran stance
- L3Harris CEO steps down amid conduct review, shares drop
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Reddit leads social media platforms in revenue growth per user
Goldman Sachs believes US will avoid recession, progress toward a soft landing
December 27, 2022 10:29 AM ESTIn a note to clients Tuesday, Goldman Sachs analysts said that the firm's most out-of-consensus forecast for 2023 is its call that the US will avoid a recession and continue progressing toward a soft landing.
The analysts explained that the forecast, in part, reflects its view that a period of below-potential growth is enough to gradually rebalance the labor market and dampen wage and price pressures.
"It also reflects our... More
