Goldman Sachs lifts S&P 500 return forecasts on Fed outlook, large-cap stocks
By Rae Wee SINGAPORE (Reuters) -Goldman Sachs has raised its three-, six- and 12-month return forecasts for the S&P 500, citing expectations of U.S. interest rate cuts and continued fundamental strength of major large-cap stocks as key drivers of its positive outlook. The Wall Street bank has revised its S&P 500 return forecasts, projecting a…