Goldman Sachs: The rally in U.S. stocks is expected to extend to small-cap stocks

ChainCatcher news, according to Jinshi reports, strategists at Goldman Sachs have stated that as the economic outlook remains strong, laggards including small-cap stocks are beginning to catch up, and the record rally in the U.S. stock market is expected to broaden. The Goldman team believes that the anticipated interest rate cuts by the Federal Reserve and the rebound in corporate earnings increase the likelihood of the rally spreading to areas such as small-cap stocks. Kostin pointed out that the breadth of the market rally is limited, indicating that there is still room for "catch-up" rallies among underperforming sectors.