Goldman's stock turns negative, exacts roughly 20-point toll on Dow industrials in early action
Shares of Goldman Sachs Group Inc. early Tuesday were producing one of the most significant drags on the Dow Jones Industrial Average, pivoting lower after showing strong gains at the open. Shares of the prominent investment bank were exacting a 22-point toll on the Dow . The Dow component had traded as high as $262.25 on the session, but was most recently trading at $254.83, down 1.3%. Goldman Sachs reported higher profit and revenue from a year ago. Meanwhile, the Dow was up 224 points, or 0.9%, at 24,795, while the S&P 500 index was up 0.9% at 2,701, and the Nasdaq Composite Index traded 1.2% higher at 7,245. Goldman held a call to discuss its results with analysts at 9:30 a.m. Eastern, just before the start of regular trade on Tuesday.
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