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.