Market Jumps on SEC Announcement Coming After Market Close - Rumors of Settlement with Goldman Sachs (GS)

Looks like the market did a U-turn on news of SEC announcement post close.  Goldman Sachs (GS) surging, and XLF ETF of course reversed.
  • Shares of Goldman Sachs (GS) have picked up speed this afternoon, currently up $5.88, or 4%, at $144.94, as headlines have spread the Securities & Exchange Commission is going to make a “significant” announcement at 4:45 pm, Eastern, this afternoon.

I threw some modest TNA ETF on the grill as I sip Kool Aid ...



Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: FinancialsInvestment Banking & Brokerage
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!