The S&P 500 Index will rise through the end of next year amid continued US economic expansion and earnings growth, according to Goldman Sachs Group Inc.’s chief equity strategist David Kostin.
The S&P 500 turned higher on Monday as the index looked to shake off its worst weekly performance since September. The market benchmark was up 0.2% with roughly 322 of its member stocks posting gains.
But for many investors, S&P500index funds remain the overwhelming favorite when it comes to long-term investing. The S&P500index tracks the prices of the 500 largest U.S. public ...