Goldman Sachs Group Inc. and Travelers Companies Inc. can almost be completely blamed for the Dow Jones Industrial Average falling in morning trading...
Goldman Sachs Group Inc. and Travelers Companies Inc. can almost be completely blamed for the Dow Jones Industrial Average DJIA falling in morning trading Tuesday, even though the rest of the stock market is enjoying a broad rally. Goldman’s stock GS was dropping $22.41, or 6.0%, to lead the Dow’s price and percentage decliners, and to take 148 points off the Dow’s price, after the bank and broker reported disappointing fourth-quarter profit. And Travelers stock TRV slid $9.74 or 5.
can almost be completely blamed for the Dow Jones Industrial Average DJIA falling in morning trading Tuesday, even though the rest of the stock market is enjoying a broad rally. Goldman’s stock GS was dropping $22.41, or 6.0%, to lead the Dow’s price and percentage decliners, and to take 148 points off the Dow’s price, after the bank and broker reported disappointing fourth-quarter profit. And Travelers stock TRV slid $9.74 or 5.
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