Sino-US trade negotiations ignite optimistic sentiment, Goldman Sachs predicts that US stocks can rise another 11%.

According to the Zhtng financial APP, due to the easing of tensions in the Sino-US trade relations, the "Buy America" transaction has returned, Goldman Sachs has raised its target for US stocks. Goldman Sachs strategists, including David Kostin, currently predict that the S&P 500 index will reach 6500 points in the next 12 months, higher than the previous expectation of 6200 points. The new forecast indicates an increase of about 11% from the closing price on Monday.