Goldman Sachs cuts its S&P 500 outlook for the second time in a month

Published Fri, Mar 11 20225:10 PM ESTUpdated Fri, Mar 11 20225:53 PM EST

A person shops in a store in Brooklyn, New York City, on March 10, 2022, as inflation hits a 40-year high.

Spencer Platt | Getty Images

Goldman Sachs cut its S&P 500 year-end target for the second time in a month because of slower-than-expected economic growth amid surging commodity prices due to the Russia-Ukraine war.

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