Markets Lack Momentum After Yesterday's Rally – Goldman Sachs Raises 12-Month Target for the S&P 500 to 6500 (11% Price Potential) – Bayer Stock Responds with +7% to 5-Year Plan

S. Betschinger
Reading Time: 4 minutes

Dear Traders, After the dynamic rally at the start of the week (the NASDAQ gained 4% on Monday) following the agreement in the trade dispute between China and the USA, the markets are consolidating today, Tuesday. The DAX is trading nearly unchanged at +0.2%. Companies that produce their goods in Asia were able to benefit particularly from the rapprochement between the USA and China. Nike stood out in the Dow Jones with a gain of 7%. The traditional company primarily manufactures clothing and shoes in Asia and was a loser due to the high tariffs....

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