Goldman Sachs Soars: Fed Hints at Rate Cut

Goldman Sachs shares surged 3.6% after Fed Chair Powell hinted at potential interest rate cuts, igniting a market rally and sending the Dow soaring. Investors are now decoding the implications of a possible rate cut on Goldman Sachs, balancing lending profit concerns with potential economic stimulus. With Goldman Sachs stock nearing its 52-week high and boasting a 29% year-to-date gain, all eyes are on how the Fed's next move will impact the financial giant and your investments. Hosted on Acast. See acast.com/privacy for more information.