S&P 500 Wavers Near Record After Trade-Fueled Rout: Markets Wrap
Following a selloff that drove the S&P 500 slightly below overbought levels, the gauge fluctuated around 6,200. Equities bounced from session lows as data showed consumer expectations for future inflation have settled back to levels last seen at the beginning of 2025. Strategists at both Goldman Sachs Group Inc. and Bank of America Corp. raised their year-end targets for the US equity benchmark. Megacaps remained under pressure despite a rebound in Tesla Inc.
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