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US Market News Digest for March 3, 2026
Goldman Sachs: pullback needed before S&P
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Goldman Sachs: pullback needed before S&P 500 can chase new highsGoldman Sachs analysts reckon sustainable upside for the S&P 500 will only be possible after a correction. In the bank's view, the current action looks fragile: oil shocks raise inflation risks and cloud the outlook for interest rates, which crimps risk appetite. Against this backdrop, the market shows signs of overheating, and a short-term pullback could serve as an "unloading" ahead of the next leg up. Structural drivers remain intact, however.
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