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From 'Magnificent 7' To 'Maleficent 7,' Goldman Sachs Slashes Year-End S&P 500 Target

Summary

Goldman Sachs lowers year-end target for S&P 500 due to weaker economic growth outlook, higher tariffs, and uncertain policy environment, dubbing Magnificent Seven stocks as Maleficent Seven. Market needs clearer catalysts for sustained rally.

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Article published on March 13, 2025 by benzinga