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Narrow market proving a headwind for mutual funds, opportunity for hedge funds

Jun. 06, 2023 6:42 AM ETSPDR® S&P 500 ETF Trust (SPY), IWB, IWF, IWVCOST, DIS, AAPL, IVV, IBM, AMZN, MSFT, F, VZ, BA, MCD, KO, HD, PG, MA, INTC, PEP, JNJ, NVDA, XOM, PFE, FI, SBUX, CVX, UNH, HUM, O, TMO, V, TSLA, VOO, META, NOW, PANW, WDAY, ABBV, GOOGL, UBER, MRNA, SP500By: Kim Khan, SA News Editor12 Comments
Markets Respond To Passage Of Debt Ceiling Bill In Washington

Michael M. Santiago/Getty Images News

Goldman Sachs is the latest Wall Street bank to weigh in on the narrowness of the 2023 rally that has brought the S&P 500 nearly 100 points above their year-end target.

Goldman has a 4,200 target for the S&P (

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