Evercore ISI Lowers S&P 500 Forecast Amid Trade War Fears
Wall Street firms are cutting their targets on the S&P 500 Index, with Evercore ISI joining the trend after a $5.4 trillion market value wipeout in two days. The firm’s chief strategist lowered his year-end forecast to 5,600 points, about 10% above Friday’s closing level of 5,074. President Donald Trump’s recent tariff moves have roiled … Read more