GOLDMAN BEATS! BANK EARNINGS! S&P 500, NASDAQ, DOW, STOCK MARKET LIVE, STOCK MARKET NEWS

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Wednesday, October 14, 2020 - LIVE STOCK MARKET TRADING, S&P 500, DAY TRADING, STOCK MARKET NEWS

Goldman Sachs on Wednesday posted third-quarter results that crushed analysts’ profit estimates on stronger-than-expected results in bond trading and asset management.

The firm generated $3.62 billion in profit, or a record $9.68 a share, exceeding the $5.57 per share estimate of analysts surveyed by Refinitiv. Company wide revenue climbed 30% to $10.78 billion, topping the estimate by more than $1 billion, driven by the trading and asset management divisions.

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