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TechFlow news, Goldman Sachs commented on the U.S. stock market performance for the remainder of 2024, stating their expectation that the second half will be essentially a flat market.
They believe the U.S. equity market has already achieved its full-year return in the first half, with earnings growth during the first six months of 2024 expected to slow over the next six months, leading to a broadly sideways trend for U.S. stocks for the rest of the year.
Goldman Sachs commented on the U.S. stock market performance for the remainder of 2024, stating their expectation that the second half of the year will be largely flat. They believe the market has already achieved its full-year return in the first half, with earnings growth seen in the first six months of 2024 expected to slow over the next six months, leading to a sideways trend for U.S. equities for the rest of the year.
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