Goldman Sachs sees S&P 500 rising to 8,700 next year despite slower earnings growth
Published . Updated .
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This report is about the broad US market.
Directly affected
- GS Goldman Sachs Group
Named in this report.
Indirectly affected
- DIA SPDR Dow Jones Industrial Average ETF
SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “s&p 500” (the broad US market) in this story.
- QQQ Invesco QQQ
Invesco QQQ: it is a broad US stock-market fund. Linked by “s&p 500” (the broad US market) in this story.
- XLF Financial Select Sector SPDR
Financial Select Sector SPDR holds the financials sector that The Goldman Sachs Group belongs to, so it often moves with news about it.
- MS Morgan Stanley
Morgan Stanley is a peer of The Goldman Sachs Group in security brokers, dealers and flotation companies; rivals often move on the same news.
- BLK BlackRock
BlackRock is a peer of The Goldman Sachs Group in security brokers, dealers and flotation companies; rivals often move on the same news.
- SCHW The Charles Schwab
The Charles Schwab is a peer of The Goldman Sachs Group in security brokers, dealers and flotation companies; rivals often move on the same news.
- IBKR Interactive Brokers Group
Interactive Brokers Group is a peer of The Goldman Sachs Group in security brokers, dealers and flotation companies; rivals often move on the same news.
- HOOD Robinhood Markets
Robinhood Markets is a peer of The Goldman Sachs Group in security brokers, dealers and flotation companies; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| GS | -5.21% | -0.36% | base | +0.74% | after close | after close | after close |
| DIA | -1.96% | -0.13% | base | +0.24% | after close | after close | after close |
| QQQ | -4.63% | -1.94% | base | -0.00% | after close | after close | after close |
| XLF | -1.77% | +0.15% | base | after close | after close | after close | after close |
| MS | -4.12% | -0.87% | base | +0.75% | after close | after close | after close |
| BLK | -3.11% | +0.43% | base | after close | after close | after close | after close |
| SCHW | -0.26% | +1.42% | base | after close | after close | after close | after close |
| IBKR | -6.81% | -4.66% | base | +0.29% | after close | after close | after close |
| HOOD | -0.56% | -0.02% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Goldman Sachs sees S&P 500 rising to 8,700 next year despite slower earnings growth Reuters
Source: Reuters
This story
| Company | When | Move | Status |
|---|---|---|---|
| BLK | three days earlier | +0.43% | final price |
| BLK | five days earlier | -3.11% | final price |
| DIA | that day | +0.24% | still updating |
| DIA | three days earlier | -0.13% | final price |
| DIA | five days earlier | -1.96% | final price |
| GS | that day | +0.74% | still updating |
| GS | three days earlier | -0.36% | final price |
| GS | five days earlier | -5.21% | final price |
| HOOD | three days earlier | -0.02% | final price |
| HOOD | five days earlier | -0.56% | final price |
| IBKR | that day | +0.29% | still updating |
| IBKR | three days earlier | -4.66% | final price |
| IBKR | five days earlier | -6.81% | final price |
| MS | that day | +0.75% | still updating |
| MS | three days earlier | -0.87% | final price |
| MS | five days earlier | -4.12% | final price |
| QQQ | that day | -0.00% | still updating |
| QQQ | three days earlier | -1.94% | final price |
| QQQ | five days earlier | -4.63% | final price |
| SCHW | three days earlier | +1.42% | final price |
| SCHW | five days earlier | -0.26% | final price |
| XLF | three days earlier | +0.15% | final price |
| XLF | five days earlier | -1.77% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Maria Elvira Salazar sold Goldman Sachs Group (GS), worth $1,001 - $15,000 on 24 Sep 2026. That is 50 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael Rulli bought Goldman Sachs Group (GS), worth $1,001 - $15,000 on 3 Sep 2026. That is 71 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Goldman Sachs Group (GS), worth $1,001 - $15,000 on 26 Aug 2026. That is 79 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Interactive Brokers Group (IBKR), worth $50,001 - $100,000 on 21 Aug 2026. That is 84 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100Price not final
“Goldman Sachs sees S&P 500 rising to 8,700 next year despite slower earnings growth” scores 12 out of 100. The score uses 1 sources. The price is not final yet.