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Market Rally 'Quite Fragile,' Says Goldman's Chief Global Equity Strategist
Posted
April 30, 2025
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5:03Now PlayingEuropean stocks have risen as US futures slipped as tariff turmoil threw up a mixed impact on company earnings and as investors looked ahead to key US economic data. Europe's Stoxx 600 index climbed 0.4%, with UBS Group shares rising after its net income beat estimates as volatile markets boosted trading profits. Societe Generale rallied 5% as it also benefited from a surge in equities trading. Asian stocks rose.
A six-day rally in US stocks looked set to pause as S&P 500 and Nasdaq 100 contracts edged lower. Peter Oppenheimer, Chief Global Equity Strategist at Goldman Sachs joins Caroline Hepker and Lizzy Burden on Bloomberg Radio to discuss where markets could go from here.
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