Goldman Sachs (GS) is the first major Wall Street Bank to cut its price target for the S&P 500. The firm lowered its estimates to 6,200 from 6,500. Strategists say the revised estimates reflect reduced GDP growth forecasts, higher tariffs and more uncertainty. Bloomberg's Alex Semenova joined Bloomberg Open Interest to discuss why analysts are rethinking their forecasts.

Bloomberg videos, provided by MT Newswires