Market uncertainty pushed down the S&P 500 gauge by more than 9% from its record in mid-February, while the tech-heavy Nasdaq 100 recently tumbled into correction. Goldman Sachs strategists slashed their target for the U.

Goldman Sachs has trimmed its 2025-end target for the S&P 500 Index to 6,200 from 6,500, citing increased policy uncertainty, particularly on tariffs, and worries about the economic growth outlook.