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Wall Street bank shifts its Fed interest-rate forecast for the remainder of the year.

The upgraded forecast rests on a foundation narrower than the target suggests.

Goldman now expects another 25-basis-point Fed increase in October after rates rose to 3.75%--4%.

Investing.com -- Goldman Sachs Group Inc. (NYSE:GS) shares fell 4% Wednesday after Chief Executive Officer David Solomon warned of softer fixed-income trading and higher expenses during the third quarter.

Odds of a Fed rate hike in September or 2026 slip further after Goldman Sachs says markets are still too hawkish even as inflation cools. As a result, US stock futures and Bitcoin price are bouncing today. Ad Ad Fed Rate Hike Odds Slip as Goldman Sachs Warns Markets Still Overly Hawkish The Wall Street

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Elevance Health is breaking the Medicare Advantage curse, and the insurer’s earnings could show it on Wednesday. Health insurer stocks have rallied this year after a tough run of rising medical costs that hampered earnings in 2024 and 2025. The results come just a day ahead of the monster of the industry, UnitedHealth Group Wall Street will be watching to see if these two companies can keep the momentum going.

Many of the same factors have propelled big banks’ strong performance: a solid economic backdrop with low unemployment, corporate clients’ appetite for executing big deals, and lots of trading activity.

(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe

(Updates with index/price moves, macroeconomic data and company/geopolitical news from the first par

All three major US stock indexes were up in late-morning trading, as the big banks kicked off earnin

Stock Market Today: The Dow Jones index dropped Tuesday ahead of the June CPI inflation report. IBM stock plunged 23% on earnings.

Stock market investors are heading into CPI week with a familiar playbook. The hope is that inflation cools off further and the Fed stays on hold, with robust earnings taking over as the next driver of the S&P 500. For perspective, the S&P 500 recently traded near 7,575, up about 10.7% year ...

US banks could deliver broad earnings beats as strong capital markets activity, resilient economic conditions and improving wealth management flows support second-half 2026 and fiscal 2027 earnings revisions, Bank of America analysts wrote in a note ahead of the sector’s upcoming earnings...

Recently, analysts at Oppenheimer issued a surprising set of downgrades on a slew of large-cap bank stocks.

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Investing.com -- Goldman Sachs has cut its 12-month U.S. recession probability to 15% following the U.S.-Iran agreement, with chief economist Jan Hatzius citing reduced downside risks to the economic outlook and an improvement in underlying labor market resilience.

Goldman Sachs now sees a smaller chance of a recession in the U.S. thanks to the peace agreement with Iran. The bank cut its 12-month recession odds to 15% from 25%, citing falling energy prices. It now sees an even lower chance of recession than it did before the war, when it put the odds at 20%.

Fed rate-cut delays and weaker ETF inflow expectations prompted Goldman to lower its December gold forecast.

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The Federal Reserve's pivot to soften Basel III capital requirements marks a fundamental shift, loosening the regulatory noose that has constrained U.S. banks since 2008.

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The unemployment rate says the job market is holding steady. Goldman Sachs analysts, though, say that might not tell the whole story. In a fresh note shared with me, the firm argues that the labor market is softer than the headline 4.3% unemployment rate suggests. They argue that the job market is ...

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