30-11-2016 18:19 via news.yahoo.com

Goldman shares hit highest level since financial crisis in post-election rally

Goldman was the biggest driver for the Dow Jones Industrial Average, adding 56.2 points out of a net gain of 66.6 points for the index. Goldman, like other Wall Street firms, has seen its stock soar after the Nov. 8 election, as investors expect banks to see benefits from rising interest rates and lighter regulation under a Donald Trump presidency. Deutsche Bank on Tuesday hiked its price target for Goldman to $255 from $180, saying a stronger economy would bode well for the bank's businesses li
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