U.S. profitability still tops global markets, but ROE surge may be peaking: Goldman Sachs

Amid a flurry of mixed earnings results from tech giants, the S&P 500 (SP500) climbed 3% last week, bringing the index within 4% of Goldman Sachs’ 12-month target of 5,900. The rally reflects continued investor optimism, but the outlook for further gains driven by profitability