Goldman Sachs: US stocks need a pullback before they can achieve sustained gains.
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According to ME News, on March 3 (UTC+8), Goldman Sachs' trading arm warned that the U.S. stock market may need further correction before achieving a sustained rally. They pointed out that current market sentiment is fragile and fund flows are volatile, leaving the S&P 500 index vulnerable after its attempt to break through the 7,000-point mark stalled. Goldman Sachs stated that March's seasonal performance is complex; since 1928, March has been one of the worst-performing months for the S&P 500, with an average gain of only 0.3%. (Source: ME)
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