A market pullback is more likely than a continued rally, Goldman Sachs says

goldman sachs says a market pullback is more likely than a continued rally. the warning comes after stocks rallied hard off the lows hit on march 30. goldman's strategists see the recent gains as fragile, with risks tilted to the downside in the near term. the firm didn't name a specific trigger for a potential selloff, but flagged that the speed of the rally has outpaced underlying fundamentals. the s&p 500 had climbed roughly 8% from that late-march low before goldman's note crossed desks.