Recent declines in US stocks were driven by high investor expectations at the beginning of the year as well as concerns about weaker economic growth and uncertainty created by President Donald Trump’s tariff announcements. Even after the drop, the S&P 500 might be vulnerable to deeper declines, according to Goldman Sachs Research. US stocks fell in early March, with the S&P 500 posting a correction (a drop of...

Recent policy announcements in China highlight new government efforts to raise birth rates. For investors, this suggests an improving outlook among dairy and infant formula companies that have sales in China, according to Goldman Sachs Research. It also creates a positive storyline for companies outside Asia that make ingredients for infant nutrition. The policy developments include a March 13 announcement by leaders in Hohhot, Inner Mongolia’s capital, of...

Stocks around the world have recently traded in and out of a bear market — usually defined as a 20% decline from their recent peak. Peter Oppenheimer, chief global equity strategist in Goldman Sachs Research, writes that the history of bear markets can offer clues about the duration and severity of these downturns. US stocks rallied recently after President Trump announced a 90-day pause on the additional country-specific...