(Reuters) - Goldman Sachs ( GS ) has trimmed its 2025 year-end target for the S&P 500 Index to 6,200 from 6,500 in a note dated March 11, citing policy uncertainty largely related to tariffs and concerns about the economic growth outlook.

The benchmark S&P 500 was briefly on track to confirm a correction on Tuesday after U.S. President Donald Trump announced fresh tariffs on Canada.