Market Pulse
Goldman Sachs stock selloff slashing more than 100 points off the Dow's price
Shares of Goldman Sachs Group Inc. (GS) sank 4.2% in premarket trading Tuesday, putting them on track to open at a six-month low, after the bank and broker reported fourth-quarter profit that fell well short of expectations. The stock was by far the biggest drag on the Dow Jones Industrial Average . The implied price decline would shave about 105 points off the Dow's price, while Dow futures slid 307 points or 0.9%. The next biggest drag on the Dow is
-Tomi Kilgore
(END) Dow Jones Newswires
January 18, 2022 08:58 ET (13:58 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.