Market Overview

Goldman Sachs Higher For Third Day In A Row

Related GS
Barron's Picks And Pans: Allergan, Broadcom, Gap And More
Jim Cramer Gives His Opinion On Nutanix And Goldman Sachs
Women at Goldman Sachs U.K. earn 56% less than men (Seeking Alpha)

Goldman Sachs Group Inc (NYSE: GS) shares are trading higher by $5.00 (2 percent) at $226.06 in Tuesday's session.

There is no specific news out on the stock to account the rally. Instead, it's rallying along with others in the financial sector amidst falling bond prices. This may be an indication of higher interest rates, which benefits the issues in that sector.

Goldman is now trading higher for third day in a row, moving up from its September 7 closing price ($215.84) to as high as $227.69 earlier in today's session. That high is just shy of its September 1 high ($227.56). It also marks the higher end of the trading range ($214.64 to $227.69) that has been present since August 17.

Posted-In: Technicals Intraday Update Movers Trading Ideas


Related Articles (GS)

View Comments and Join the Discussion!