Goldman Sachs Lifts S&P 500 Forecast to 6,500 as U.S.-China Ease Tariffs

Nauman khan

Tue, May 13, 2025, 11:51 PM 1 min read

Goldman Sachs revised its outlook for the S&P 500 aft the U.S. and China agreed to trim tariffs on each other's goods for a 90-day period.

The slope present expects the scale to ascent astir 1% implicit the adjacent 3 months to 5,900 points, up from its anterior estimation of 5,700. Over the adjacent year, Goldman projects an 11% summation to astir 6,500, raising its 12-month forecast from 6,200.

The steadfast said the alteration reflects improved economical conditions and a reduced hazard of recession, alongside the little tariff rates. Under the agreement, the Trump medication volition chopped tariffs connected Chinese imports to 30% from 145% by midweek. China is besides lowering its tariffs connected U.S. goods to 10% from 125%.

The S&P 500 was precocious up astir 0.8%, gaining astir 4% truthful acold this week connected optimism surrounding the commercialized de-escalation.

Goldman added that easing commercialized barriers whitethorn enactment broader planetary growth, which could bolster firm net into 2026.

This nonfiction archetypal appeared connected GuruFocus.