Europe Defensive Stocks Rise; China Tech Retreats: Markets Wrap [Yahoo! Finance News]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance News
(Bloomberg) -- Defensive shares including health care stocks rallied in Europe while a tech selloff in China deepened following Beijing’s crackdown on Internet and fintech firms. Crude oil advanced for a third day.The Stoxx Europe 600 Index climbed to its highest level since late February as defensives including utilities and real estate also rallied. Equity gauges in Japan, Korea and Australia rose more than 1.3% despite the downdraft in Asian tech.In the U.S. the picture was more mixed, with Nasdaq 100 futures staging a comeback, rebounding as much as 1.2%. Contracts also rose on the S&P 500, whose underlying benchmark pulled back from a two-month closing high Tuesday. As the risk-on sentiment endured, a gauge of the dollar steadied at close to a two-and-a-half-year low. Asia’s tech sell-off follows moves this week out of expensive technology stocks in the U.S. that had become synonymous with the stay-at-home trade, and into shares depressed by the economic impact of lockdowns. The
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GS
Earnings
- 4/15/24 - Beat
GS
Sec Filings
- 5/3/24 - Form 424B2
- 5/3/24 - Form 424B2
- 5/3/24 - Form 424B2
- GS's page on the SEC website