Global growth outlook seen intact as stock market rebounds

New York

WALL Street's solid rebound on Monday following a two-week roller-coaster ride preserved investors' outlook that the global economy remains on a steady growth path, analysts said.

Goldman Sachs and other analysts pointed to a number of factors behind their upbeat global forecast including China's plan to generate high single-digit growth, Europe's re-emergence from its sovereign debt woes, and US tax cuts and increased spending.