S&P 500 target cut tag — on news-trading.com

S&P 500 target cut

about 18 hours ago

HSBC Cuts S&P 500 Forecast to 5600 Amid Growth Fears and Tariff Headwinds

In a significant revision that underscores deepening concerns about the U.S. economic outlook, HSBC $HSBC has slashed its year-end forecast for the S&P 500 Index $^SPX to 5600, joining a growing chorus of global brokerages lowering expectations for the benchmark equity gauge. The London-based financial institution cited mounting pressures on corporate earnings, an increasingly fragile growth backdrop, and persistent tariff-related uncertainties as key reasons behind the downgrade.

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Smithfield Foods Rebounds with Strong Q1 Sales Amid Industry Restructuring

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2

CrystalViolet

UPS Announces Sweeping Layoffs and Facility Closures Amid Economic Strain and Shifting Client Dynamics

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3

StarGazer

General Motors Lowers Annual Outlook Despite Solid Quarter Amid Tariff Uncertainty

S&P 500 target cut

Mike Thompson@MikeInvest

about 18 hours ago

HSBC Cuts S&P 500 Forecast to 5600 Amid Growth Fears and Tariff Headwinds

In a significant revision that underscores deepening concerns about the U.S. economic outlook, HSBC $HSBC has slashed its year-end forecast for the S&P 500 Index $^SPX to 5600, joining a growing chorus of global brokerages lowering expectations for the benchmark equity gauge. The London-based financial institution cited mounting pressures on corporate earnings, an increasingly fragile growth backdrop, and persistent tariff-related uncertainties as key reasons behind the downgrade.

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