Goldman Sachs advances as financials lead market gains
+2.18% to $1058.88 from $1036.28
What moved GS
- The Financials Select Sector SPDR (XLF) rose 1.3%, the best-performing S&P sector Tuesday, as investors rotated into rate- and credit-sensitive names.
- Goldman shares climbed on expectations that trading and advisory desks will benefit from an AI-driven Wall Street rally, with investment-banking revenue for the group seen rising as much as 26% from a year earlier.
Sources: Yahoo Finance · Kalkine Media