Market Sell-Off Sparks Recession Fears Among Strategists
The market sell-off has intensified, prompting many strategists on Wall Street to reassess their year-end forecasts. Four major firms – Bank of America, Evercore ISI, Oppenheimer, and JPMorgan – have reduced their S&P 500 targets. Bank of America lowered its target to 5,600 from 6,666, indicating a potential decline of 4.8% from the start of … Read more