Markets are showing mixed performance following an earlier record session. The Dow Jones is relatively flat, while the Nasdaq Composite and S&P 500 are retreating slightly. Goldman Sachs forecasts that the stock market rally has more room to grow this summer, but may lose momentum by August. Key pressures on the tech sector include Tesla's decline of 6.2%, while consumer staples see gains. The S&P 500 has advanced 20% since April lows. Amazon's deployment of warehouse robots has contributed to minor gains in its stock.
Goldman Sachs predicts the stock market rally has room to run this summer, but it will eventually lose steam. The S&P 500 has now advanced 20% since its lows of the year in April.
Tesla is pressuring the tech sector today, falling 6.2% after CEO Elon Musk returned to the political battlefield, restarting a social media wrestling match with President Trump.
Collection
[
|
...
]