Goldman Sachs loses nearly all year-to-date gains as bond yields rise
FROM THE WIRE · FINANCE.YAHOO.COM
Goldman Sachs (GS) stock ticked down slightly early Thursday, extending a painful sell-off that has almost zeroed out 2026 gains for the storied Wall Street bank days ahead of its third quarter earnings release. Goldman's stock has fallen in 10 of the past 12 weeks, according to…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishGS stock has fallen 20% from July peak, reflecting a shift in investor sentiment toward financial stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Goldman Sachs stock has fallen 20% from July peak, declining in 10 of the past 12 weeks.
- 02Year-to-date shares are up less than 1% as of Thursday morning.
- 03The retreat comes days ahead of the bank's third quarter earnings release.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets