Stock market outlook: Goldman Sachs sees S&P 500 up nearly 7% at 3,600 - Business Insider

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Stock market outlook: Goldman Sachs sees S&P 500 up nearly 7% at 3,600 - Business Insider
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Goldman Sachs is predicting the S&P 500 will hit 3,600 if markets price in it 'more optimistic US GDP forecast'

Fred Liu's Hayden Capital has returned more than 100% in 2020. He breaks down the simple strategy he used to pinpoint 2 stocks that grew 10 times within just a few years.

original expectations of softer growth after the partial reversals in reopening in parts of the country," Goldman Sachs said. The S&P 500 closed at 3,380.35 on Thursday, a whisker away from Wednesday's all-time high close. It has increased about 51% since touching three-and-a-half year lows at 2,237.40 in March at the depths of the market turmoil over the coronavirus crisis.

Goldman Sachs' most recent S&P 500 prediction is in line with those of other renowned market strategists.

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