Markets rise slightly on Goldman report
Associated Press
NEW YORK — Investors got the results they wanted from Goldman Sachs, but the stock market's response was just a modest pop.
Investors were pleased that Goldman Sachs Group Inc.'s second-quarter earnings easily surpassed analysts' forecasts thanks to big gains in trading and underwriting. But the release of the results came as something of an anticlimax, as anticipation of a strong report sent the entire stock market soaring Monday.