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Goldman Sachs cuts S&P 500 year-end target to 6,200 as economic outlook weighs on profit forecasts

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Goldman Sachs chief US equity strategist David Kostin cuts his year-end price target to 6,200 from 6,500 .

The S&P 500 nearly entered correction territory earlier this week as fears about the health of the US economy and uncertainty surrounding President Trump 's tariff policy shook investor confidence.

Goldman 's own economics team recently revised down its 2025 GDP forecast to 1.7% from 2.2% .

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87

Informative language

92

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70

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semi-formal

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English

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51

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short-lived

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