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Bank of America: The Software Sector has dropped 18% to a historical low, tightly grasping the dual main lines of AI and Infrastructure amidst tariff disruptions.
The latest Research Reports from Bank of America show that the Software Sector has fallen 18% since February 18, which is less than the historical average decline of 27% from the last 15 corrections.
Goldman Sachs joins the ranks of those predicting a downturn in the US stock market, lowering its year-end target for the S&P 500 Index.
Goldman Sachs strategists have lowered the year-end target for the S&P 500 Index from 6,500 points to 6,200 points.
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