NEW YORK (Reuters) – A sharp decline in U.S. stocks has heightened investor concerns about a prolonged global trade war and a bleak corporate profit outlook, with the S&P 500 experiencing its largest weekly drop since the COVID-19 pandemic began. Analysts predict potential declines, with estimates suggesting the index could fall to 4,000 or even 3,100 amid worsening economic conditions and earnings contractions. Despite the turmoil, some strategists remain cautiously optimistic, forecasting a possible year-end target of 5,600 for the S&P 500, contingent on potential trade relief.
