Goldman Sachs surges after strong Fed stress test performance

Goldman Sachs surges after strong Fed stress test performance

Goldman Sachs jumped after acing the Fed stress test, with analysts calling it a top winner. Its Stress Capital Buffer is set to drop 290 bps to 3.3%, freeing up capital for buybacks or dividends. Citigroup praised Goldman evolving model, while peers like JPM, Citi, and Wells Fargo also gained. Retail sentiment remains bullish across major banks.

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