Goldman’s Flood Sees Buying Opportunity in Stock Market Selloff

Friday’s pullback in US equities offers a chance to add exposure rather than a reason to retreat, with a clear path for the S&P 500 to reach 8,000 this year,...

By Natalia Kniazhevich, Carol A Massar, Tim Stenovec · Bloomberg Markets

Friday’s pullback in US equities offers a chance to add exposure rather than a reason to retreat, with a clear path for the S&P 500 to reach 8,000 this year, according to John Flood, the head of Americas equities execution services at Goldman Sachs Group Inc.