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How labor costs have affected corporate margins and stock performances – Goldman Sachs’ David Kostin (SP500:)

by Monica L. Correa
September 15, 2025
in Markets
Reading Time: 1 min read
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Sep. 15, 2025 11:51 AM ETS&P 500 Index (SP500)PCG, XLU, IWM, XLB, MSFT, BBY, NRG, NVDA, AZO, MCHP, EXPD, MPWR, BRO, DLTR, L, AXON, MMC, CSGP, FSLR, KEY, IBKR, AMCR, ULTA, APO, NWSA, AVGO, WDAY, MRNA, DDOG, TKOBy: Monica L. Correa, SA Information Editor

sommart

The S&P 500 (SP500) has surged by 32% from April’s trough and now sits simply 5% under mid-2026 forecasts of 6,900, regardless of important labor market deterioration, in response to Goldman Sachs strategists.

“Since April the S&P 500 (SP500) has reached



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