Goldman Sachs: U.S. stocks expected to perform flat for the rest of the year

On July 15, Goldman Sachs commented on the performance of the US stock market for the rest of 2024, saying that their expectation is that the second half of the year is basically a flat market. They believe that the US stock market has achieved full-year market returns in the first half of 2024, and earnings growth in the first half of 2024 will slow down in the next six months. The US stock market is expected to be flat for the rest of the year.