๐ฐ Goldman Sachs $GS pops +7.4% on blowout Q2 earnings โ banks leading midday
GS smashed Q2 estimates and joined JPMorgan Chase (up 2.8% after reporting $16.9B in quarterly profit) in a standout bank earnings day. A surprise cool CPI print โ 3.5% vs 3.8% expected โ also gave markets a lift, with the Nasdaq 100 up ~1% and S&P 500 up ~0.4% at midday. GS shares climbed to around $1,128. Not financial advice. With inflation easing and banks beating, are financials the quiet winner of this earnings season?
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