智通财经网·2025-06-10 01:55Group 1 - Despite signs of a cooling labor market and slowing economic activity, Wall Street strategists remain optimistic about summer stock market performance, maintaining S&P 500 year-end target prices in the range of 6300-6500 points, believing the worst impact of tariffs may have passed [1][4] - The S&P 500 index closed at 6010 points, approximately 2% below its historical high, following a nearly 30% correction earlier this year [1][4] - Recent economic data shows weakness, with May ADP private sector employment adding only 37,000 jobs, the lowest in over two years, and initial jobless claims rising to the highest level since October 2024 [4][5] Group 2 - Goldman Sachs' chief U.S. equity strategist, David Kostin, noted that the slowdown in economic data was anticipated, and historical analysis shows that soft economic data often bottoms out before hard economic data [5][8] - Kostin's research indicates that the correlation between the S&P 500 index returns and soft data is currently higher than that with hard data, predicting the S&P 500 could reach 6500 points in the next 12 months if the recovery in soft data continues [5][8] - Citigroup's U.S. equity strategy head, Scott Chronert, raised the S&P 500 target from 5800 to 6300 points, citing a significant reduction in trade uncertainty following the pause in tariff increases between the U.S. and China [5][8] Group 3 - Despite acknowledging potential risks from rising interest rates and high valuations, strategists believe that as long as the economic slowdown does not exceed expectations, growth sectors, particularly large tech stocks, still hold investment value [8] - The dual support from easing trade tensions and improving soft data is becoming a key basis for strategists' optimistic outlook [8]