Goldman Underperforms Market After Reporting Strong EarningsMark Melin
After reporting apparently better than expected earnings this morning, Goldman Sachs Group Inc (NYSE:GS), the most prestigious investment bank in the world, is getting hit hard in early morning trading, down nearly 1.86 percent on the day at the same time the S&P 500 was close to break even. The stock had been down nearly 4 percent but rebounded after word that the Fed might continue its quantitative easing injections into the market surfaced.
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