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# Goldman Sachs has just boosted its S&P 500 target. Here’s why

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Goldman Sachs has just boosted its S&P 500 target. Here’s why

MARKETWATCH FRONT PAGE

A look at why Goldman Sachs has increased its target for the S&P 500, and how it sees vaccines impacting the economy. See full story.

Two days doesn’t make a trend, say strategists. Here’s what they’re saying about tech stocks and the rotation into value.

For two days, hard-hit sectors like energy and financials have boomed after the news from one study that the vaccine being developed by Pfizer and BioNTech was 90% effective. Over the last week, the energy sector of the S&P 500 has rallied 15% and financials have jumped 9%. See full story.

Everything you need to know about BioNTech and the married couple behind the COVID-19 vaccine at the front of a global race

Co-founded by Turkish scientists Uğur Şahin and his wife Özlem Türeci, BioNTech is now worth $25 billion.
See full story.

CDC now says face masks protect the wearer — and the economy

Wearing a face mask doesn’t just protect others from catching the coronavirus — it protects the wearer too, and even the economy, the U.S. Centers for Disease Control said Tuesday, in its most explicit endorsement yet of masks. See full story.

Apple’s new Macs launch in time for holidays, but shouldn’t make your wish list

One of the highlights of a third Apple Inc. event in the last few months came at the end with the return of the old “PC vs. Mac” ads, as the actor representing the PC asks what is the point of all the new features. The users of higher-end Macs who rely on apps that won’t be available until next year might be asking the same thing. See full story.

MARKETWATCH PERSONAL FINANCE

Federal unions challenged three Trump administration orders in particular. See full story.

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